Training Subsidies

What is SkillsFuture Credit

SkillsFuture Credit consists of credits which Singapore Citizens can use to pay for out-of-pocket course fees for attending work-skills related courses. The credits can be used on top of existing course fee subsidies provided by the Government.

SkillsFuture Credit Top Up

Opening SkillsFuture Credit of $500

All Singapore Citizens aged 25 and above in 2016 received an opening credit of S$500. Singapore Citizens who are below 25 years old in 2016 will similarly receive $500 worth of credits in the year that they turn 25 years old.

SkillsFuture Credit Top Up 2020

A SkillsFuture Credit Top Up will be made in year 2020 as announced in budget 202. 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. This top up is on top of the Opening SkillsFuture Credits, and can be used for SkillsFuture courses from 1 October 2020.

Additional SkillsFuture Credit Top Up for 40 to 60

A one-off SkillsFuture Credit of $500 will be provided to every Singapore Citizen aged 40 to 60 (inclusive) as at 31 December 2020. This will be on top of the SkillsFuture Credit top up for Singapore Citizens aged 25 and above.

Eligible individuals can start using the SkillsFuture Credit provided under this package from 1 October 2020, on about 200 career transition programmes offered by the Continuing Education and Training (CET) Centres.

SkillsFuture Credit Expiry

SkillsFuture Credit expiry varies for the different top up tranches. The Opening SkillsFuture Credits does not have an expiry date. However, the SkillsFuture Credit top up 2020 and the Additional SkillsFuture Credit top up for 40 to 60 will expire in five years (by end of year 2025).

SkillsFuture Credit Courses

SkillsFuture Credit can be used on top of existing government course subsidies to pay for a wide range of approved skills-related courses:

  • Courses subsidised or approved by SkillsFuture Singapore (SSG) including online courses
  • Selected courses offered by Ministry of Education (MOE)-funded institutions
  • Courses supported by public agencies
  • SkillsFuture@PA courses offered by the People’s Association
  • Courses offered by the Infocommunications Media Development Authority of Singapore (IMDA)’s Silver Infocomm Junctions
  • Selected courses under National Silver Academy