Im intending to save money for university starting in Aug. Should I save and put into a high int savings account/FD or a low risk investment? (Eg lowest risk % on robos)?

CPF Education Scheme allows you to use your parents’ CPF to pay for university fees. The interest rate is pegged to the CPF Ordinary Account interest rate, which at 2.5% currently, and is payable a year after graduation or stop your studies, whichever happens earlier. You can use the CPF Loan Repayment calculator to help you anticipate your future cashflows: https://www.cpf.gov.sg/eSvc/Web/Schemes/Educati...

You could put in SC Jumpstart, and the interest rate will be 2.0% max. This is lower than the interest rate which you are charged from borrowing from CPF. However, you will be sure that your principal will be there after 3-3.5 years and getting interest monthly.

Another method is to put your money in roboadvisors (or other investments) where there is much more potential for growth than JumpStart. With CPF Loan Repayment being monthly, the concern of the market condition should not be too big. In the scenario where the the economy is good, you could just pay off the loan from your investments. However if the economy is still recovering or another crash, then you will just have to pay through your monthly income (same as opting to go with Jumpstart solely).​​​