31,000 more students expected to benefit from MOE's revised income eligibility criteria for financial aid schemes
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An additional 31,000 students from lower- and middle-income families will receive financial support and schooling subsidies from the academic year 2026.The Ministry of Education (MOE) will raise the income eligibility criteria for several financial aid scheme31,000 more students expected to benefit from MOE's revised income eligibility criteria for financial aid schemes
An additional 31,000 students from lower- and middle-income families will receive financial support and schooling subsidies from the academic year 2026.The Ministry of Education (MOE) will raise the income eligibility criteria for several financial aid schemes at the primary, secondary and post-secondary levels, it announced on Thursday (Oct 16).For example, students in government schools, government-aided schools and specialised schools currently can apply for the MOE Financial Assistance Scheme (FAS) if their gross household income (GHI) is $3,000 or less, or if their per capita income (PCI) is $750 or less.When the higher income eligibility ceilings come into effect, students with a GHI of up to $4,000 and PCI of up to $1,000 will be eligible for FAS.The GHI cap for the highest income tier of Government bursaries for students enrolled in publicly-funded Post-Secondary Education Institutions (PSEIs) will similarly be increased to $12,000 from the current $10,000. Read more
