SkillsFuture Credit was introduced in 2015 with the aim to encourage every Singapore citizens to develop skills and motivate them to become lifelong learners. This can be for one’s personal benefit or for one’s career development.
There are 3 types of SkillsFuture Credits
(1) Opening SkillsFuture Credit S$500
- Every Singaporeans aged 25 years old and above receives an opening credit of S$500
- Can be used on a wide range of SkillsFuture Credit-eligible courses
- Does not expire
(2) SkillsFuture Credit Top-Up
- On 1 October 2020, to further encourage Singaporeans to reskill and upskill, every Singaporeans who are aged 25 years old and above as at 31 December 2020 (inclusive) receives a one-time S$500 credit top-up
- Can be used on all SkillsFuture Credit-eligible courses
- Expires on 31 December 2025
(3) Additional SkillsFuture Credit (Mid-Career Support)
- To improve individuals’ access to career transition programmes, every Singaporeans who are aged 40 to 60 years old in 2020 as at 31 December 2020 (inclusive) receives an additional one-off special S$500 credit
- Claimable for
- SGUnited Skills Programme
- SGUnited Mid-Career Pathways Programme – Company Training
- SkillsFuture Career Transition Programmes
- Courses delivered by SSG-appointed CET centres
- Courses that fulfill training requirements for Progressive Wage Model sectors
- Full qualifications programme delivered by Institutes of Higher Learnings
- Expires on 31 December 2025
What Can You Use It For?
You can use your SkillsFuture credit on top of existing government course subsidies to offset a wide range of Skills Future Singapore (SSG) approved skills-related courses provided by the following
- Ministry of Education (MOE)-funded institutions (ITE, Polytechnics, autonomous universities, LASALLE College of the Arts and Nanyang Academy of Fine Arts)
- Public agencies
- People’s Association (PA)
- Infocommunications Media Development of Singapore (IMDS)’s Silver Infocomm Junctions
- National Silver Academy