S$10,000 CPF top-up extended to more ITE graduates who obtain diplomas

S$10,000 CPF top-up extended to more ITE graduates who obtain diplomas

Channel NewsAsia - Commentary·2024-03-01 21:01

SINGAPORE: More students will now benefit from two financial incentives meant to encourage Institute of Technical Education (ITE) graduates to further their studies.

A S$10,000 (US$7,400) Central Provident Fund (CPF) top-up, which was initially for ITE graduates aged 30 and below, will now apply to those above 30 – if they are enrolled in a diploma programme as of Friday (Mar 1). The students will receive the top-up in their Ordinary Accounts when they obtain the diploma.

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