SkillsFuture Credit

credit

What is it?

Opening SkillsFuture Credit of $500

SkillsFuture Credit aims to encourage individual ownership of skills development and lifelong learning. Introduced in 2015, all Singaporeans aged 25 and above will receive an opening credit of S$500.

One-Off SkillsFuture Credit Top-Up

As part of efforts to encourage Singaporeans to take ownership of their skills development and be well-equipped to seize opportunities in the future economy, 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.

From 1 October 2020, this top-up can be used on all SkillsFuture Credit-eligible courses.

Take timely action to upskill and reskill, to seize new career opportunities. This top-up will expire on 31 Dec 2025.

Additional SkillsFuture Credit (Mid-Career Support)

To improve individuals’ access to career transition programmes, a one-off SkillsFuture Credit of $500 will be provided to every Singapore Citizen (SC) aged 40 to 60 (inclusive) as at 31 December 2020. This will be over and above the $500 SkillsFuture Credit top-up for SCs aged 25 and above as at 31 December 2020.

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.

This additional SkillsFuture Credit will be valid for five years to encourage individuals to take timely action to learn, reskill, and seize new career opportunities. All unused credit from this additional SkillsFuture Credit will expire on 31 December 2025.

SGUnited Skills Programme and SGUnited Mid-Career Pathways Programme

Eligible Singaporeans can use the opening Credit, the one-off SkillsFuture Credit top-up and the additional SkillsFuture Credit (Mid-Career Support) for courses under the SGUnited Skills programme and the SGUnited Mid-Career Pathways programme

SkillsFuture Credit

All Singaporeans aged 25 years and above

  • S$500 opening credit

  • Claimable for a wide range of SkillsFuture Credit-eligible courses

  • Does not expire

SkillsFuture Credit Top-Up

All Singaporeans who are 25 years or above by 31 Dec 2020

  • One-time S$500 credit top-up

  • Claimable for full range of SkillsFuture Credit-eligible courses from 1 Oct 2020

  • Expires on 31 Dec 2025

Additional SkillsFuture
Credit (Mid-Career Support)

All Singaporeans who are 40 to 60 years by 31 Dec 2020

  • Additional one-off special S$500 credit

  • Claimable for a selected list of courses (to be announced)

  • With effect from 1 Oct 2020

  • Expires on 31 Dec 2025

Some examples

I am turning 25 on 8 Jul 2020. How much SkillsFuture Credit will I receive?

Besides the opening credit of $500, you will also receive a one-off credit top-up of $500 on 1 October 2020.

I am 47 years old on 31 Dec 2020. How much SkillsFuture Credit will I receive?

You will receive a one-time top-up credit of $500, and an additional one-time credit of $500 under the SkillsFuture Mid-Career Support Package on 1 October 2020.

I am 65 years old on 31 Dec 2020. How much SkillsFuture Credit will I receive?

Besides the opening credit of $500, you will also receive a one-off credit of $500 on 1 October 2020.

For FAQs on SkillsFuture Credit, click here

What can I use it for?

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*.
* Institute of Technical Education, polytechnics, autonomous universities, LASALLE College of the Arts and Nanyang Academy of Fine Arts

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 and selected courses under National Silver Academy.

How do I use it?

Here are some tips for usage of SkillsFuture Credit.

If you need help on claims, please call 6785 5785 or visit ssg.gov.sg/feedback.

If you wish to report on suspicious SkillsFuture-related practices, please call 6512 1106 or email audit@ssg.gov.sg