Check Edusave Balance: A Comprehensive Guide for Students

In Singapore, the Edusave Scheme is an important initiative aimed at providing financial assistance to students for their educational expenses. It's crucial for students to keep track of their Edusave balance to ensure they make the most of this scheme. This article will provide you with all the information you need to check your Edusave balance, including methods, step-by-step instructions, and additional resources.

How to Check Edusave Balance

There are multiple ways to check your Edusave balance:

1. Online via the Student Learning Space (SLS)

• Log in to the Student Learning Space (SLS) portal using your SingPass.
• Click on the "Edusave" tab.
• Your Edusave balance will be displayed on the screen.

2. Through the Mobile App

• Download the "MyEdusave" mobile app from the App Store or Google Play.
• Log in using your SingPass.
• Your Edusave balance will be displayed on the app's homepage.

3. Call CPF Board Customer Service

• Call the CPF Board's customer service hotline at 1800-227-1188.
• Provide your NRIC number or FIN number to the customer service officer.
• The officer will provide you with your Edusave balance.

Step-by-Step Instructions for Checking Edusave Balance

Online via SLS:

1. Visit the SLS portal: https://www.studentlearning.sg/
2. Log in using your SingPass.
3. Click on the "Edusave" tab.
4. Your Edusave balance will be displayed on the screen.

Through the Mobile App:

1. Download the "MyEdusave" mobile app from the App Store or Google Play.
2. Log in using your SingPass.
3. Your Edusave balance will be displayed on the app's homepage.

Call CPF Board Customer Service:

1. Call the CPF Board's customer service hotline at 1800-227-1188.
2. Provide your NRIC number or FIN number to the customer service officer.
3. The officer will provide you with your Edusave balance.

Additional Resources

• CPF Board Website: https://www.cpf.gov.sg/members/schemes/education/edusave
• MyEdusave App User Guide: https://www.cpf.gov.sg/SiteCollectionDocuments/myedu_app_user_guide.pdf

Importance of Checking Edusave Balance

Checking your Edusave balance regularly allows you to:

• Monitor your account: Keep track of the funds available for educational expenses.
• Plan for future expenses: Estimate upcoming costs and plan accordingly.
• Identify any discrepancies: Check for any errors or discrepancies in your balance.
• Maximize Edusave benefits: Ensure you utilize the funds effectively for your education.

Tips for Effective Edusave Usage

Here are some tips to maximize the benefits of your Edusave funds:

• Plan your expenses: Identify the items you need to buy with your Edusave funds, such as textbooks, tuition fees, or school supplies.
• Compare prices: Take your time to compare the prices of different items and choose the most affordable options.
• Look for discounts: Ask for discounts or special offers when making purchases with your Edusave funds.
• Save for the future: Consider setting aside a portion of your Edusave funds for future educational expenses, such as university tuition fees.

FAQs

1. How often can I check my Edusave balance?

You can check your Edusave balance at any time through the methods mentioned above.

2. Is there a fee for checking my Edusave balance?

No, it is free to check your Edusave balance through SLS, the mobile app, or by calling the CPF Board.

3. What if I have lost my SingPass?

You can recover or reset your SingPass through the SingPass website or by visiting a SingPass Self-Service Kiosk.

4. Can I use Edusave funds to pay for overseas education?

Yes, Edusave funds can be used to pay for overseas education at approved educational institutions.

5. What happens to my Edusave funds when I graduate?

When you withdraw from all your Edusave accounts upon graduating from secondary school, the full amount of your savings will be transferred to your CPF Ordinary Account.

6. Can I transfer Edusave funds to my sibling?

No, Edusave funds cannot be transferred to another person's account.

Conclusion

Checking your Edusave balance is crucial for managing your educational expenses effectively. By following the steps and using the resources provided in this article, you can easily monitor your Edusave account and make the most of the financial assistance provided by the Singapore government. Remember to use your funds wisely and plan for the future to maximize the benefits of the Edusave Scheme.