SkillsFuture Credit (Initial): Who Qualifies and What You Get
Singaporeans aged 25 and above can access an initial credit to fund approved courses and skill development.
This scheme provides an initial credit to help individuals pay for approved training courses designed to support lifelong learning.
Who it's for
This scheme is specifically designed for Singaporeans who have reached the age of 25 and above. It is intended to help adult citizens build new competencies or upgrade their existing skills through formal training.
What you get
If you qualify, you receive an opening credit of $500. These funds are intended to be used toward the cost of various approved courses. By using these credits, you can pursue different types of training to enhance your professional capabilities or personal knowledge without paying the full amount out of pocket.
What it costs you
There is no personal cost to access this scheme. The $500 initial credit is a government-funded benefit, meaning the money is provided to you to help facilitate your learning journey.
The catch to know
It is important to understand that while the credits do not expire, they are limited. You should plan your learning journey carefully to make the most of the funds available to you.
How to apply
- Access the official portal to verify your eligibility and check your current credit balance.
- Search the database for approved courses that align with your career or personal goals.
- Select your desired course and use your credits during the enrollment process to offset the fees.