SkillsFuture Credit aims to encourage individuals to take ownership of their skills development and lifelong learning. All Singaporeans aged 25 and above will receive an opening credit of S$500 from January 2016. Your credit will not expire and the government will provide periodic top-ups, so you may accumulate your credit.
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From 19 May 2017, SkillsFuture Credit (SFC) payments will be disbursed directly to only training providers. Training providers that offer SkillsFuture Credit-eligible courses will collect net fees from individuals, after offsetting the SFC that will be used. SSG will continue to make an exception for selected overseas Massive Open Online Courses (MOOC) where SFC payments to these training providers are currently unavailable. Individuals who sign up for such programmes will be required to provide supporting payment documents as part of the claims submission process. For more information on the revised SkillsFuture Credit Claims Process, please view the user guide here.
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