Paying for your children’s tertiary education is expensive these days. Even the subsidised tuitions fees of a public university can come up to a substantial sum over the duration of the course. What more if your children are enrolled in private institutions of higher learning. Imagine how the fees are going to be like in 10 years’ time from today.

Apart from seeking assistance from the Government under the Institute of Higher Learning education loan facility, your options for financial assistance can be limited. Scholarships from the Government or private organisations are scarce while study loans from banks may not be easily secured.

Being an EPF member, you have another option that is to use part of your EPF savings to pay for your children’s tertiary education. It may not cover all expenses of putting your children through college but the EPF withdrawal facility will definitely ease your financial burden. Explore further to find out more.


See:

• Education Withdrawal