SkillsFuture Mid-Career Training Allowance: Who Qualifies and What You Get
Singaporeans aged 40 and above can receive a monthly allowance to support them while they enroll in full-time training courses.
This scheme provides financial support to help mid-career individuals manage their living expenses while they undergo full-time training to update their professional skills.
Who it's for
This allowance is specifically designed for Singaporeans who are aged 40 and above. It is intended for those looking to pivot their careers or sharpen their existing skills through dedicated study. To qualify, you must be enrolled in a full-time course that meets the requirements set by the issuing body.
What you get
If you qualify, you can receive a monthly allowance to help support you during your period of study. This financial support is designed to help cover costs while you focus on your training. You can receive this monthly amount for a duration of up to 24 months, providing a significant window of time to complete your training and transition into new roles.
What it costs you
There is no direct fee to apply for this support, but there is a requirement regarding how you spend your time. To access the allowance, you must be actively enrolled in eligible full-time training programmes. This means you must commit to the schedule and requirements of the chosen course to remain eligible for the monthly payments.
The catch to know
The most important rule to remember is that this allowance cannot be combined with a salary from full-time employment. Because the funds are intended to support those focusing on training, you generally cannot receive these payments while simultaneously working a full-time job.
How to apply
- Verify that you are a Singaporean citizen aged 40 or older.
- Find and enroll in an eligible full-time training programme.
- Confirm that the course you have chosen meets the specific eligibility criteria for the allowance.
- Check the official portal for the exact application steps and current requirements.