Stuck in limbo. Need clarity and assistance.
23M, finished NS, waiting for Uni in Aug
I came from a low-income household single parent household, mother passed when I was younger. Father has just passed away from illness. It is now just me and my younger brother who is currently serving NS.
4 Room HDB was fully paid off and owned by my dad, CPF OA and RA was emptied out, partly because most of it was locked up in the purchase of the flat. Upon checking, he only had left about $10000 in his medisave account, all other bank accounts were also emptied out in his last fight against his illness. That means me and my brother's only inheritance is the flat with about 65 years left on the lease. Savings on the part of me and my brother are in the mid 4 figures each only.
Education expenses should be heavily subsidised by the government via bursaries for me and my brother. Both of us will be entering big3 unis.
Our concern now is how our financial situation will look like for the next 4-6 years before we actually graduate from Uni and begin FT work. I am currently working a job while waiting for uni to begin, will probably be taking up PT work whilst studying to fund my own living expenses, brother will likely be doing the same thing as well when his time comes.
I have explored trying to be a tutor, but I did not take anything STEM related after secondary school, and my secondary school results were not stellar so it has been quite difficult in this aspect.
Any input into how we can overcome the coming financial difficulty would be greatly appreciated.