Education Fund Calculator (Singapore)
Estimate the future cost of your child's university education and how much to save each month to reach it.
Open the free calculator →What you'll need
- Years until the child starts university
- Estimated annual cost (local or overseas)
- Course length
- Current savings
- Education-inflation and return assumptions
How it works
Project the future cost as estimated annual cost × years, grown by an education-inflation rate to the year your child enrols, then solve for the monthly saving needed at your assumed return.
Current Singapore rules
| Driver | Effect |
|---|---|
| Local vs overseas | Overseas usually costs more |
| Years to enrolment | More time → lower monthly saving |
| Education inflation | Raises the future cost |
Worked example
At an estimated $40,000/year for 4 years, the cost is about $160,000 in today's terms — more once education inflation is applied to the enrolment year. Starting earlier reduces the monthly saving needed.
Important assumptions
- Costs are user estimates, not official figures
- Education inflation and returns are assumptions
- Scholarships/financial aid are not assumed
Cases not fully modelled:
- Specific institution fee schedules
- Currency risk for overseas study
- Government bursaries and grants
Official sources and verification
Direct links to the relevant official pages. Rules and rates change; last checked 21 June 2026. Always confirm against the official source.
Open the free calculator →Frequently asked questions
How much should I save for my child's university?
It depends on local vs overseas and the course. Estimate annual cost × years, apply education inflation to the enrolment year, then work back to a monthly amount.
When should I start?
Earlier is easier — compounding means a smaller monthly contribution can reach the same goal.