How is income calculated for Student Care Financial Assistance (SCFA) subsidy?

Updated by MSF 4mo ago

For salaried employees:
Based on average gross monthly income derived from the CPF contributions made over the last 12 months or the latest IRAS assessment (within the last 2 calendar years).Includes: basic salary, bonuses, commissions, overtime pay, allowances, cash rewards, and employee CPF contributions.

For self-employed individuals:
Based on average trade income over 12 months from the latest IRAS assessment (within the last 2 calendar years), or income declared to CPF Board.

Topics:

ComCare Student Care Fee Assistance

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