What can I use my SkillsFuture credit for?

The SkillsFuture movement supports Singaporeans in their lifelong pursuit of skills mastery. It helps Singapore in its transformation into an advanced economy. It also aims at helping Singaporeans build relevant skills in their areas of interest, to maximise their potential and fulfil their personal and career aspirations.

The SkillsFuture Credit was introduced in 2015 with an important message that every Singaporean is in charge of their own pursuit of skills mastery and their lifelong learning journey. It is meant to instill individual agency, encourage individuals to take up training and develop the culture of lifelong learning.

Will the Government extend support to employers?The SkillsFuture Credit aims to strengthen individual ownership of skills development and lifelong learning. Hence, it is only available to individuals.This year, under the next bound of SkillsFuture, the government will be rolling out a new SkillsFuture Enterprise Credit (SFEC), where eligible employers can also access a $10,000 credit to support their investment into enterprise and workforce transformation.In addition, employers are eligible for generous course fee subsidies for SSG-supported courses. Under the Enhanced Training Support for SMEs, SMEs receive up to 90% course fee subsidy when they sponsor their employees for training. Employers who sponsor their Singaporean workers aged 40 years and above for training can also receive up to 90% course fee subsidies for SSG-supported courses under the SkillsFuture Mid-Career Enhanced Subsidy.