SkillsFuture Credit: Who Qualifies and What You Get
Learn how Singaporeans aged 25 and above can use SkillsFuture Credit to fund approved training courses and upgrade their skills.
SkillsFuture Credit is a national fund designed to help you pay for approved training courses so you can keep your skills sharp and stay relevant in a changing workforce.
Who it's for
This scheme is open to all Singaporeans who are aged 25 and above. It is designed to support lifelong learning for adult citizens as they look to upgrade their capabilities or learn entirely new skills.
What you get
When you qualify, you receive an initial credit of $500. This money is intended to be used as a subsidy to help cover the cost of various approved training courses. These courses are meant to help you stay competitive in your current job or prepare for new career opportunities.
What it costs you
There is no cost to access this scheme or to sign up for the program. As long as you use the official portal to book your training, you can use your credits to help pay for your courses at no personal expense.
The catch to know
It is important to monitor your balance because these credits can expire if they are not used within the designated timeframe. While the government may occasionally provide top-ups to your account, you should not rely on future additions and instead aim to use your current balance for your training needs.
How to apply
- Visit the official portal to check your eligibility and current balance.
- Search the database of approved training courses to find a program that fits your career goals.
- Use your available credits through the official system to book and pay for your selected course.
- Complete the training requirements as set by the course provider.