Review of the income criteria for Financial Assistance Scheme
Last Updated: 03 Oct 2022
Name and Constituency of Member of Parliament
Mr Abdul Samad, Nominated Member of Parliament
Question
To ask the Minister for Education (a) when was the income criteria for the Ministry's Financial Assistance Scheme last reviewed; (b) how often is the income criteria reviewed; (c) what are the parameters used to ascertain the qualifying income criteria; and (d) which household income percentile does the group that qualifies for financial assistance belong to.
Response
1. The MOE Financial Assistance Scheme (FAS) aims to provide
financial support to Singaporean students from low-income households, at around the bottom 20% by household income.
2. MOE reviews the income eligibility criteria for MOE FAS
periodically. This was last revised in 2018. MOE is currently conducting a review, and any changes will be announced in due course.