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Asked by Anonymous
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)?
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- Isabella Jo48 Answers, 72 UpvotesAnswered on 21 Jul 2018
I will utilize the balance in PSEA and only use cash to pay off the remaining amount.
Comments (0)10Share this - Gabriel Tan Jun Wei25 Answers, 41 UpvotesAnswered on 11 May 2018
Hi there
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.
All the best!
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Yeap Ming Feng
39 Answers, 102 Upvotes
06 May 2018
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.
I believe since you are still clearing debts, it means graduation was not too long ago. Hence, having liquid savings as your emergency helps!
All the best clearing those tuition fees!
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