The funds are split into two areas.
The first is a one-off top-up of S$130 into the Edusave accounts of all Singaporean primary and secondary students, which will cost MOE S$54.8 million.
Together with the annual contribution, a primary student would receive S$330 from the government this year, while each secondary student would get S$370.
The annual contribution for primary schools is currently S$200 and for secondary schools, S$240.
They may use the money for school enrichment programmes as well as sports and leadership courses.
Another S$100 million will be set aside for all public schools to upgrade their IT equipment.
Separately, from this year, the ministry is increasing by 25 per cent the quantum of bursaries given out by the Community Development Council and the Citizens' Consultative Committee.
This is targeted at Singaporeans studying in the Institute of Technical Education.
For households with a per capita monthly income of S$300 and below, recipients will get S$1,000 per year, compared to S$800 previously.
Those with a per capita income of between S$301 and S$500, the bursary amount will be S$750 a year.
These enhancements were announced by Education Minister Ng Eng Hen at a community walkabout in Bukit Timah on Sunday.
ORIGINAL SOURCE
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