Singapore SkillsFuture Credit Funding (SFC)

Funding

(SFC)

Singapore SkillsFuture Credit Funding

SkillsFuture Credit aims to encourage individuals to take ownership of their skills development and lifelong learning. Introduced in 2015, all Singaporeans aged 25 and above will receive an opening credit of S$500.

One-Off SkillsFuture Credit Top-Up

To further encourage Singaporeans to take timely action to reskill and upskill to seize opportunities in the future economy, a one-off SkillsFuture Credit top-up of $500 will be provided to every Singapore Citizen aged 25 years and above as at 31 December 2020.

From 1 October 2020, this top-up can be used on all SkillsFuture Credit-eligible courses, and will expire on 31 Dec 2025.

 

Additional SkillsFuture Credit (Mid-Career Support)

To improve individuals’ access to career transition programmes, a one-off SkillsFuture Credit of $500 will be provided to every Singapore Citizen (SC) aged 40 to 60 (inclusive) as at 31 December 2020. This will be over and above the $500 SkillsFuture Credit top-up for SCs aged 25 and above as at 31 December 2020.

From 1 October 2020, eligible individuals can use the Additional SkillsFuture Credit (Mid-Career Support) on (i) SGUnited Skills Programme, (ii) SGUnited Mid-Career Pathways Programme – Company Training, and (iii) Career Transition Programmes.

All unused credit from this additional SkillsFuture Credit will expire on 31 December 2025.

Eligibility

SkillsFuture Credit

SkillsFuture Credit Top-up

  • All Singaporeans who are 25 years or above by 31 Dec 2020
  • One-time $500 credit top-up
  • Claimable for full range of SkillsFuture Credit-eligble courses
  • Expires on 31 Dec 2025
  • View SkillsFuture Credit-eligible courses

Additional SkillsFuture Credit (Mid-career support)

 

What can I use SkillsFuture Credit for?

  1. Course subsidised or approved by SkillsFuture Singapore (SSG) including online courses.
  2. Selected courses offered by Ministry of Education (MOE)-funded institutions*.
    *Institute of Technical Education, polytechnics, autonomous universities, LASALLE College of the Arts and Nanyang Academy of Fine Arts
  3. Courses supported by public agencies.
  4. SkillsFuture@PA courses offered by the People’s Association, courses offered by the Infocommunications Media Development Authority of Singapore (IMDA)’s Silver Infocomm Junctions and selected courses under National Silver Academy.
 

Phone Number

+65 6610 3737 / 6610 8223 / 6398 0067

Ascendo Academy Pte Ltd

9 Little Road, #02-01 Singapore 536985

Email Address

info@ascendo.edu.sg

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