a. Self-sponsored(Self-sponsored individuals must be at least 21 years old)
– Up to 50% funding of course fees for Singapore Citizens (SCs), Permanent Residents (PRs) &Long Term Visit Pass Plus
(LTVP+)
holders
– Up to 70% funding of course fees for Singapore Citizens (SCs) aged 40 years old
For more
information
b. Company-sponsored
SME:
– Up to 70% funding of course fees for Singapore Citizens (SCs), Permanent Residents (PRs) &Long Term Visit Pass Plus
(LTVP+)
holders
Non-SME:
– Up to 50% funding of course fees for Singapore Citizens (SCs), Permanent Residents (PRs) &Long Term Visit Pass Plus
(LTVP+)
holders
– Up to 70% funding of course fees for Singapore Citizens (SCs) aged 40 years old
For more
information
c. SkillsFuture Credit (SFC)
• Opening SkillsFuture Credit of $500
Introduced in 2015, all Singaporeans aged 25 and above will receive an opening credit of S$500.
• One-off SkillsFuture Credit Top-Up
To further encourage Singaporeans to take timely action to reskill and upskill to seize opportunities in the future economy, a
one-off SkillsFuture Credit top-up of $500 was provided to every Singapore Citizen aged 25 years and above as at 31
December 2020.
• Additional SkillsFuture Credit (Mid-Career)
To improve individuals’ access to career transition programmes, a one-off SkillsFuture Credit of $500 was provided to every
Singapore Citizen (SC) aged 40 to 60 (inclusive) as at 31 December 2020. This was in addition to the one-off $500 SkillsFuture Credit top-up for SCs aged 25 and above as at 31 December 2020.
On 1 May 2024, the Government provided Singaporeans aged 40 and above an additional $4,000 credit (“SkillsFuture Credit (Mid-Career)”). At the same time, the Government lifted the expiry date of the Additional SkillsFuture Credit (Mid-Career Support), i.e., it will not expire when it reaches its maturity date on 31 December 2025. The remaining credit balance from the Additional SkillsFuture Credit (Mid-Career Support) will merge with the top-up of $4,000 to form the new SkillsFuture Credit (Mid-Career).
For more
information
d. SkillsFuture Enterprise Credit (SFEC)
SFEC aims to encourage employers to undertake enterprise and workforce transformation initiatives. It provides additional
support, over and above the existing schemes, to eligible employers for their enterprise and workforce transformation
efforts.
The SFEC scheme was announced in Budget 2020 and expanded to a larger group of employers in Budget 2022.
Eligible employers receive a one-off credit of up to $10,000 per entity to cover up to 90% of out-of-pocket expenses on
qualifying costs for enterprise transformation programmes and workforce transformation programmes.
For more
information
e. Absentee Payroll (AP)
Absentee Payroll (AP) funding is a grant to help defray some manpower costs incurred when you send your Singaporean,
Permanent Resident and LTVP+ employees for SSG-funded training. This is fixed at S$4.50 per hour, with a cap of S$100,000
for each organisation per calendar year.
Eligibility criteria:
• Your organisation must be registered or incorporated in Singapore
• Non-business entities not registered with ACRA, such as VWOs and societies are eligible
• Sole proprietorships which meet all of the above criteria are also eligible
For more
information
f. Union Training Assistance Programme (UTAP)
Union Training Assistance Program (UTAP) is a training benefit for NTUC members to defray their cost. of training. This benefit
is to encourage more NTUC members to go for skills upgrading.
For more
information
g. Post-Secondary Education Account (PSEA)
Singapore Citizens may use funds in their PSEA to pay for their eligible SSG funded courses up until they reach 30 years old.
For utilisation of PSEA funds to offset your course fees, please refer to the following instructions: Step 1: Contact PSEA
Customer Service at 6260 0777 to enquire on your available PSEA funds.
For more
information