The Edusave programme is part of a scheme implemented for education in Singapore

Education in Singapore

Education in Singapore is managed by the Ministry of Education , which controls the development and administration of state schools receiving government funding, but also has an advisory and supervisory role in respect of private schools...

 by the Ministry of Education

Ministry of Education (Singapore)

The Ministry Of Education is a ministry of the Government of Singapore that directs the formulation and implementation of policies related to education in Singapore.-Statutory boards:...

 for Singapore. Its stated aim is to maximise opportunities for all Singaporean

Singapore

Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...

 children. The scheme aims to reward students who perform well or who make good progress in their academic and non-academic work, and provides students and schools who qualify with funds to pay for enrichment programmes or to purchase additional resources. It is applicable to Singaporeans between the age of 6 and 16 and studying full-time at government, government-aided or independent schools, junior college

Junior college

The term junior college refers to different educational institutions in different countries.-India:In India, most states provide schooling through 12th grade...

s (JC) and Centralised Institutes (CI), Institute of Technical Education

Institute of Technical Education

The Institute of Technical Education is a post-secondary institution in Singapore that provides pre-employment training to secondary school leavers and continuing education and training to working adults....

 (ITE) or special education

Special education

Special education is the education of students with special needs in a way that addresses the students' individual differences and needs. Ideally, this process involves the individually planned and systematically monitored arrangement of teaching procedures, adapted equipment and materials,...

 schools.

The Edusave Endowment Fund is built from various contributions from the government of Singapore

Government of Singapore

The Government of Singapore is defined by the Constitution of the Republic of Singapore to mean the Executive branch of government, which is made up of the President and the Cabinet of Singapore. Although the President acts in his personal discretion in the exercise of certain functions as a check...

. The fund is invested into by the government and the interest earned is used to finance the contributions, grants and awards given to schools and students.

There are 3 main aspects of Edusave, the Edusave Pupils Fund, Edusave Grants and Edusave Scholarships and Awards.

Edusave Pupils Fund

Singaporeans between the age of 6 and 16 at the point of school admission will automatically be given an Edusave account and receive a yearly contribution from the Government’s Edusave Pupils Fund until they reach 16. However, only the first, second and third child were eligible for the Edusave account prior to 2004. In 2005, the Government will contribute $170 and $200 to the Edusave account of each eligible student at primary and secondary level respectively.

Edusave grants

Grants are given to schools so that they may organise common enrichment programmes or purchase additional resources which benefit students.

Edusave scholarships and awards

There are various reward programmes for students who meet certain academic rankings as well, some of which is targeted at low-income households. They include the Edusave Scholarships (ES), Edusave Merit Bursary (EMB), Good Progress Award (GPA ), Edusave Awards for Achievement and Good Leadership and Service (EAGLES) awards.

External links

• Edusave Scheme (MOE website)