CENTRAL PROVIDENT FUND EDUCATION SCHEME

Dr Teo Ho Pin asked the Minister for Labour (a) how many Central Provident Fund (CPF) account holders applied for the CPF Education Scheme in 1996 and 1997; and (b) what is the breakdown of the applications in terms of diploma and degree courses.

Dr Lee Boon Yang: There are 7,351 and 7,508 CPF members who have applied successfully for the CPF Education Scheme in 1996 and 1997 respectively.

For both years, successful applications for use of CPF for degree courses make up 38%, while that for diploma courses make up the 62% of the total applications under the CPF education scheme. The breakdown of the applicants in terms of diploma and degree courses are as follows: 1996 1997 Diploma courses 4,539 (62%) 4,690 (62%) Degree courses 2,812 (38%) 2,818 (38%) Total 7,351 (100%) 7,508 (100%)