With sufficient savings, will it be better to pay for University tuition fees using cash instead of using balance from my PSEA account (which unused will be credited into CPF)?

I will utilize the balance in PSEA and only use cash to pay off the remaining amount.

Hi there

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Just use your PSEA account! Like Gabriel has mentioned, amount left in PSEA would definitely not be sufficient pay for your fees - it'll only offset a certain amount.

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All the best!

In my opinion, using of PSEA will be the way to go. There shouldn't be much anyway, but it can help offset a bit of those university fees. It will be credited into your CPF anyway, which means it lacks liquidity.

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I believe since you are still clearing debts, it means graduation was not too long ago. Hence, having liquid savings as your emergency helps!

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All the best clearing those tuition fees!

Just use the PSEA account as much as possible. The unused amount will only be credited to CPF at 30 years old. But I would think that the PSEA will not have much left to pay much tuition fees. Mine personally was just a few cents left, after all the school activities, excursions etc.

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