Education Calculator

First, let us get to know you and your child better.

What’s your name?: Please enter your name
How old are you?: Please enter your age

Please enter an age below 83
What’s your child’s name?: 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 retirement^Footnote:1.

^{Footnote 1}HSBC The Value of Education Report 2016

Next, tell us more about and your savings goal.

How old is now?: Please enter a number
At what age would be when university funds are needed?: 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 2016^Footnote:2.

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

Moving on, share with us details on ’s university education.

Which country does plan to study in?: Enter a Country
Please select a country
How much would ’s degree cost?: 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 child^Footnote:3.

^{Footnote 3}HSBC 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.

What is your current liability ?: S$

Please enter a number
How much have you saved for ’s education?: S$

Please enter a number
What is the expected rate of return on your savings?: % p.a.

Please enter a number

Please enter a value up to 20%

What is your expected inflation rate? What is your expected inflation rate?: % p.a.

Please enter a number

^{Footnote 4}askST: What are the average annual returns for Singapore Savings Bonds?

^{Footnote 5}Core Inflation Rate

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

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

^{Footnote 6}The 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.

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

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

The expected cost of ’s education

S$

Please enter a number

Please enter a value up to 9,999,999,999

Welcome to our Education Calculator