Welcome to our Education Calculator

try our Education Calculator and discover how ready you are to realise this dream.

Education Calculator

Exit
First, let us get to know you and your child better.
Please enter your name
Please enter your age
Please enter an age below 83
Please enter your childs' name

As a parent, nothing can be more important than your child’s needs. You’d be glad to know:

55% of parents in Singapore prioritise saving for their child’s education over their own retirementFootnote:1.

Footnote 1HSBC The Value of Education Report 2016

Next, tell us more about and your savings goal.
Please enter a number
Please enter a number
Current age has to be smaller than age when funds are needed

Hi , is planning to study at a local university? You’d be interested to know:

The starting monthly salary for fresh graduates from NUS, NTU and SMU hit a new high of S$3,360 in 2016Footnote:2.

Footnote 2The Straits Times article – Fresh grads’ starting pay hits new high

Moving on, share with us details on ’s university education.
Please select a country
S$
Please enter a number
Please enter a value up to 1,000,000

Ever wondered if parents prefer sending their children for overseas studies? It’s been revealed:

43% of parents in Singapore would consider an overseas university education for their childFootnote:3.

Footnote 3HSBC The Value of Education Report 2016

Just two more questions left! We’d like to know about what you owe and the amount you’ve saved.
S$
Please enter a number
S$
Please enter a number
 
% p.a.
Please enter a number
Please enter a value up to 20%
% p.a.
Please enter a number
Footnote 4askST: What are the average annual returns for Singapore Savings Bonds?
Footnote 5Core Inflation Rate

Rising operating costs have pushed local university tuition fees higher every year since 2010Footnote:3.
It’s been predicted:

A four-year degree in Singapore will cost 70% of an individual's average yearly
income in 2030Footnote:6.

Footnote 6The Straits Times article – Cost of university

Congratulations, ! You’re on track to securing ’s future.

You have a surplus of S$ for ’s education. But we can help to strengthen your financial health.

Oops, ! You’re off the mark with saving for ’s education.

You have a gap of S$ to cover before you can successfully fund ’s education. Not to worry. We can help you stay on track with your savings goal.

  1. is currently Year Old
  2. University funds are required when is
  3. will start university education in Years’ Time

Adjust the slider to see how you can better save for ’s education.


S$
Please enter a number
Please enter a value up to 9,999,999,999

Important notes

The information and/or estimates generated by this calculator should not be construed as an offer to sell or a solicitation of an offer to purchase or subscribe for any insurance or investment nor shall it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever.