SkillsFuture Credit (SFC)
What is SkillsFuture Credit
Launched in 2015, the SkillsFuture Credit initiative aims to promote skills enhancement and support individuals in reskilling beyond their current fields. All Singapore Citizens aged 25 and above receive an initial credit of $500 to use towards eligible courses.
SkillsFuture Credit (SFC) At A Glance
| Type of Support | Eligibility | SkillsFuture Credit Amount | Expiry |
|---|---|---|---|
| Opening SkillsFuture Credit (Base Tier) | Singapore Citizens aged 25 and above | S$500 | Does not expire |
| One-off SkillsFuture Credit Top-Up (2020) | Singapore Citizens aged 25 and above as of 2020 | S$500 | Expires 31 Dec 2025 |
| SkillsFuture Credit (Mid-Career) -- Latest! | Singapore Citizens aged 40 and above | S$4,000 | Does not expire Outstanding balance from 2020 Additional SkillsFuture Credit (Mid-Career Support) merged |
For more FAQs and information, please visit SkillsFuture Credit website.
For funding matters, please read our Terms and Conditions here.
FAQs
When must I submit my claim for SkillsFuture Credit?
What happens if an individual has already paid for a course in full and wishes to use SkillsFuture Credit subsequently?
Can I use my SkillsFuture Credit to co-fund the course fees of training that my employer will be sending me for?
No. The SkillsFuture Credit supports individual-initiated training. It is not intended to pay for training provided by employers, which should continue to be borne by your employer.
SSG has been supporting the efforts of employers through the substantial subsidies that we provide for employer-supported training.
