Protect My FamilyStep 4 of 6Next: How Much Will Caring For My Parents Cost?
How Much Will My Child's Education Cost?
Kids' Education Cost Projector
Enter each child's age, school path and what you have saved. See the total cost and how much to save each month until graduation.
New to this? Read The Short Guide First →
2 Your Result
To cover every school bill, your total monthly saving should be about
Each Child’s School Bills
All children share one fund, so the monthly amount above covers them together.
Ways To Close The Gap
- Check the help your child may get: Edusave (MOE), MOE Financial Assistance Scheme and the Child Development Account. Each has its own citizenship, income or age conditions.
- Build your cash buffer first: Is My Emergency Fund Big Enough? →
- Raising a child on one income? Read the Single-Parent Money Plan →
- Protect the plan if your income stops: How Much Cover Does My Family Need? →
A result link includes the numbers you entered. Only share it with people you trust.
What This Estimate Assumes
Rough planner, not a quote. Uses rough all-in yearly costs in today’s dollars, which you can edit: local primary S$4k, secondary/JC S$6k (fees, materials, enrichment), local uni S$15k/yr, overseas uni S$90k/yr including living costs, international school S$45k/yr. With more than one child, every child’s bills come out of one shared fund, and the monthly amount covers them all. Each cost is raised at your inflation rate to the year it is due. “Monthly saving needed” is the flat monthly amount, earning your return rate, that keeps the fund above zero until graduation. Costs vary hugely by school and country. For a child already in a school stage, yearly bills fall at months 0, 12 and so on. Monthly savings arrive at the end of month 1 onward, before any bill due that month. Any cash needed now is shown separately; the monthly amount assumes you pay it now. Unpaid bills are not treated as investment debt. No deposit is added after the last bill. The monthly amount is rounded up to whole dollars. Costs are before any help. Singapore Citizen children may get Edusave (yearly MOE top-ups for some school fees and programmes), the MOE Financial Assistance Scheme (FAS) for lower-income families, school bursaries, and the Child Development Account (CDA), whose unused money later moves to an account for the child’s education. Who qualifies and how much depends on citizenship, income and the school, so check MOE and the CDA rules before counting on them.
3 What Next
How Much Will Caring For My Parents Cost?Read The GuideHow Much Should I Save Each Month For My Child’s Education? →Before You Use This Number
Do I Need An Account To Use This Tool?
No. The tool works in your browser with no account. If you copy a result link, it includes the numbers you entered.
What Does This Estimate Assume?
Rough planner, not a quote. Uses rough all-in yearly costs in today’s dollars, which you can edit: local primary S$4k, secondary/JC S$6k (fees, materials, enrichment), local uni S$15k/yr, overseas uni S$90k/yr including living costs, international school S$45k/yr. With more than one child, every child’s bills come out of one shared fund, and the monthly amount covers them all. Each cost is raised at your inflation rate to the year it is due. “Monthly saving needed” is the flat monthly amount, earning your return rate, that keeps the fund above zero until graduation. Costs vary hugely by school and country. For a child already in a school stage, yearly bills fall at months 0, 12 and so on. Monthly savings arrive at the end of month 1 onward, before any bill due that month. Any cash needed now is shown separately; the monthly amount assumes you pay it now. Unpaid bills are not treated as investment debt. No deposit is added after the last bill. The monthly amount is rounded up to whole dollars. Costs are before any help. Singapore Citizen children may get Edusave (yearly MOE top-ups for some school fees and programmes), the MOE Financial Assistance Scheme (FAS) for lower-income families, school bursaries, and the Child Development Account (CDA), whose unused money later moves to an account for the child’s education. Who qualifies and how much depends on citizenship, income and the school, so check MOE and the CDA rules before counting on them.