How will the CPF savings be deducted when more than one person's savings are used for education?
When more than one person's CPF savings are used, the deductions will take place in the order the application forms are received and processed.
For example, the first parent to apply to use his savings will pay first. The second parent will pay only when the first parent's savings are not enough to pay for the full tuition fees.
If there are not enough savings in the payers' CPF accounts, the student will have to pay for any shortfalls in cash, to the approved educational institution.