I just made a count on MOE School fees for Primary 1 to 3.
Total School fees (EDUSAVE + Cash portion): S$716.30, whereby S$234 paid in CASH (32.7%) , S$482.30 paid by EDUSAVE account.
Your child will receive receive S$1,470 FREE (throughout 3 years) from the government in his/her EDUSAVE account.
The miscellaneous fee of S$6.50 monthly has to be paid by CASH.
Hence, S$6.50 x 12 months x 3 years = S$234 ( paid in CASH only)
I would say the S$78 annual school fees in Singapore is extremely affordable and yet you still have a good balance in EDUSAVE account that attract 2.5% interest.
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