For ongoing withdrawal of PSEA fund to pay for BOTH tuition fees and miscellaneous fees, a Standing Order (SO) has to be established with MOE.
Once the SO is established with MOE, funds equivalent to your total tuition and miscellaneous fees or your available PSEA funds (whichever is lower) will be automatically withdrawn each semester. (Example: If you have $4000 in PSEA funds and your semester’s tuition and misc fees are $3300, a total of $3300 will be withdrawn from the PSEA account).
If you intend to use the PSEA funds for the payment of your miscellaneous fees only (and not your tuition fees), please complete the PSEA Adhoc Withdrawal form provided below. (DO NOT complete the Standing Order form).
Click here to download the SO form and submit it in person / mail to One Stop @ SAC (opposite OCBC Bank), NS3-01-03, North Academic Complex, Nanyang Technological University, 50 Nanyang Avenue, Singapore 639798 during the application period.
MOE will inform students of the application outcome. A monthly Transaction Statement will be sent to the account holder if there are PSEA contributions, withdrawal or refund transactions in the previous month.