i) Opening SkillsFuture Credit (SFC1)
The SkillsFuture Credit aims to encourage individuals to take ownership of their skills development and lifelong learning. All Singapore Citizens (SCs) aged 25 and above will receive an opening Credit of S$500. There is no expiry date to this opening Credit.
ii) One-Off SkillsFuture Credit Top-Up (SFC2)
At Budget 2020, the Government announced a one-off SkillsFuture Credit Top-Up of S$500 for every Singapore Citizen aged 25 years and above as at 31 December 2020. This SkillsFuture Credit Top-Up will be available from 1 October 2020, and will expire in five years (by 31 December 2025).
In view of the current challenging economic conditions due to COVID-19, the access to the SkillsFuture Credit Top-Up has been brought forward to 1 April 2020 for courses offered by the Institutes of Higher Learning (IHLs).
Singapore Citizen students may use both SFC1 and/or SFC2 to pay their tuition fees at Singapore University of Social Sciences.
Visit the SkillsFuture Credit website for SkillsFuture Credit-eligible courses.
View the list of FAQs on SkillsFuture Credit
Singapore Citizens (SCs) aged 40 and above who are pursuing MOE-subsidised part-time undergraduate programmes with the University will enjoy higher subsidy from 1 July 2015. The availability of the SkillsFuture Mid-Career Enhanced Subsidy will be tied to a SC student's eligibility for the Government Subsidy. Hence, a SC student must be eligible for the Government Subsidy in order to be eligible for the enhanced subsidy.
With this enhanced subsidy, SC students aged 40 and above (to be counted based on the year which he/she turns 40 years old) will pay tuition fees that are lower than the standard subsidised fees payable by other SC students who are below 40 years old.
View the list of FAQs on SkillsFuture Mid-Career Enhanced Subsidy
As at 31 December 2020, a one-off SkillsFuture Credit of S$500 is provided to every Singapore Citizen (SC) aged 40 to 60 (inclusive) to improve individuals' access to career transition programmes. Eligible individuals can use this additional credit on (i) SGUnited Skills Programme, (ii) SGUnited Mid-Career Pathways Programme - Company Training, and (iii) Career Transition Programmes. From 1 April 2022, the Additional SkillsFuture Credit (Mid-Career Support) can also be used for SkillsFuture Career Transition Programmes.
To provide more support for mid-career Singaporeans, the Government will provide a $4,000 SkillsFuture Credit (Mid-Career) top-up to all eligible Singaporeans in the year they turn 40 years old. The credit will have no expiry date.
Courses eligible under this SkillsFuture Mid-Career Support Package has been expanded with effect from 1 June 2022, including full qualification programmes delivered by Institutes of Higher Learning. The expiry date for this top-up will be lifted. Any balance from the 2020 top-up will be merged with the new $4,000 top-up.
View the list of FAQs on SkillsFuture Credit (Mid-Career Support)
For more information on SkillsFuture, please refer to www.skillsfuture.gov.sg or call SkillsFuture hotline at +65 6883 5885.