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Learn about the PSEA-eligible courses in Singapore that can help to advance your career in the tech industry. Find out if you can leverage your PSEA funds for payment towards our course fees, so your upskilling can be affordable and stress-free.
The Post-Secondary Education Account (PSEA) is an initiative by the Ministry of Education (MOE) and is part of the Post-Secondary Education Scheme to help parents finance their children’s post-secondary education. This initiative reflects the government’s commitment to making education more affordable and accessible.
The PSEA is opened automatically for all eligible Singapore citizens, and the balance in the PSEA will earn interest pegged to the CPF Ordinary Account (currently 2.5% per annum).
PSEA funds can be used to repay government education loans, or to pay for approved programmes at approved institutions. At Rocket Academy, PSEA funds can be applied towards subsidising our tech-oriented courses that help equip you for a career in the tech industry. To check your latest PSEA balance information, you can call the MOE's 24-hour automated PSEA hotline at 62600777.
Make the best use of your PSEA funding to further invest in your education, enhance your professional skills and advance your career before the closure of your PSEA.
The PSEA will be closed at around the time the account holder reaches the age of 31. At this point, account holders can opt to retain their PSEA for one more year, transfer the balance to their sibling's PSEA, or donate to the Education Fund. For account holders who do not opt in, their PSEA will be automatically closed and any unused PSEA funds will be transferred to their CPF Ordinary Account (CPF-OA). This transition is irreversible, and once the funds have been moved to the CPF-OA, they are subject to the CPF-OA’s terms of use. Therefore, account holders should strategically plan the use of their unused PSEA funds to maximise their educational benefits before this deadline.
Using your PSEA funds for eligible courses at Rocket Academy can help equip you with industry-relevant skills that will open doors to new opportunities in the tech industry and prepare you for the competitive and tech-driven job market.
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Upon completing our courses, you will be equipped with marketable and specialised skills that will maximise your career prospects and put you in a good position to pursue a variety of in-demand roles, whether in the tech industry or beyond. Each course equips you with the specialised skills necessary to excel in these fields, giving you an edge in the competitive job market.
The potential career pathways for some of the above courses include: software development, web development, software engineering, data analytics, product management, and more.
You can apply to use your available PSEA funds or your siblings’ PSEA funds for payment towards Rocket Academy course fees by submitting an ad-hoc withdrawal application. Simply download a copy of the PSEA Ad Hoc Withdrawal form here https://www.moe.gov.sg/-/media/files/financial-matters/psea-ad-hoc-withdrawal-form.pdf and submit the completed form to us during registration.
Please note that the specific withdrawal amount has to be indicated in the PSEA Ad Hoc Withdrawal form as this is a one-time withdrawal. This offers an account holder greater flexibility in allocating the use of available PSEA funds.
A student may request to deduct funds from up to 3 siblings’ PSEA. However, if the student has a PSEA, deduction will first be made from the student’s own account. To check your PSEA account balance or your siblings’ PSEA account balance, you can call the MOE's 24-hour automated PSEA hotline at 62600777.
As one of the leading tech course providers in Singapore, we’ve made it our job to ensure that every Rocket Academy student is equipped with everything it takes to become exceptional in the workplace.
In line with our goal to provide quality tech education, our courses go beyond mere theory and ensure a practical and hands-on learning experience. Our exercises and modules are designed to help build your skill set and portfolio to boost your career or to land a job in the thriving tech industry.
Expert help via our Community Channel
Instructor-led live classes
Facilitated pre-class learning
Like-minded, high-calibre peers
Your career success is our #1 priority.
High-value network and community
Dedicated interview prep and career support
Custom, professional project portfolio
Liz
Software Engineer
Grace
Software Engineer
Jeremy Lim
Software Engineer
Jia En
Product Engineer
Dewi
Frontend Web Developer
At Rocket Academy, we believe quality tech education should be affordable and accessible to all. This is why, apart from PSEA funding for eligible Singaporeans, we offer other funding options and government subsidies like SkilsFuture credit funding and NTUC UTAP. For more information about other available financing options, please see
https://www.rocketacademy.co/grants
Got further questions? Reach out to our team to find the best financing option for your needs.