I would like to know more about the SkillsFuture Credit
What is it?
SkillsFuture initiatives aim to empower all Singaporeans in their learning journey. This is to encourage individuals to enhance their capabilities by enrolling for relevant courses offered by the various Training Providers (TPs). SkillsFuture Singapore (SSG) provides SkillsFuture Credit (SFC), which can be used to offset the course fees.
All Singaporeans aged 25 and above will receive an opening credit of $500 from January 2016. Your credits will not expire and the government will provide periodic top-ups, so you may accumulate your credits. These credits will not expire and is non-transferable. Visit the SkillsFuture Credit website (www.skillsfuture.sg/credit) to choose from the courses available on the SFC Course Directory.
Who is it for?
SkillsFuture Credit is for all Singaporeans aged 25 and above.Subsequent cohort of Singapore Citizens will receive the credit of $500 in the year they turn 25.
Claiming Your SkillsFuture Credit
How to apply?
You can use your SFC to pay or offset course fees by applying for claims(s) starting January 2016. Eligible Singaporeans may access their SFC account via: www.skillsfuture.sg/credit. You can check if the desired course is eligible for SFC at the SFC Course Directory.
For courses provided by BCA Academy
- You may also contact BCA Academy at firstname.lastname@example.org or 6248 9999
- Apply in person at our One-Stop Customer Service Centre (OS-CSC)
- Please bring your NRIC, payment and other supporting documents stipulated on the course brochure to complete your course registration
What can I use it for?
SFC can be used on top of existing government course subsidies to pay for a wide range of approved courses. Please click here for the list of courses supported by SFC.
Enjoy Savings On Your Course Fees!!!
(Figures in the table below are for explanatory purposes only)
If you are 40 years old and above and are paying the course fees on your own, you might be eligible for the following subsidy:
Demolition Course for Renovation Contractors
Mid-Career Enhanced Subsidy*
SkillsFuture Credit Claimable
Total Amount Payable
*Terms & Conditions apply
If you are between 25 to 40 years and are paying the course fees on your own:
Refresher Course For Licensed Electrical Workers (Technicians/Engineers)
SkillsFuture Credit Claimable
Total Amount Payable
Courses Supported Under SkillsFuture Credit (SFC)
Frequently Asked Questions (FAQs)
1. What is the SkillsFuture Credit?
A. SkillsFuture Credit aims to encourage individual ownership of skills development and lifelong learning. All Singaporeans aged 25 and above will receive an opening credit of S$500 from January 2016. Your credit will not expire and the government will provide periodic top-ups, so you may accumulate your credit.
2. When can I start claiming my SkillsFuture Credit? How will I be notified about my SkillsFuture Credit Account?
A. Eligible Singaporeans 25 years old and above will receive a letter informing them of the activation of their SkillsFuture Credit Accounts in January 2016. It will include a booklet to explain where they can find the list of approved courses and how to use the credit.
For Singaporeans turning 25 years old in subsequent years, they will receive their SkillsFuture Credit Account Activation letter by the first quarter of each year.
For new Singapore citizens aged 25 years old and above, they will receive their SkillsFuture Credit Account Activation letter within a quarter after they receive their Singapore citizenship.
3. How do I register for a course and to use my SkillsFuture Credit to offset my course fee?
A. You may contact BCA Academy at email@example.com or 6248 9999. You are also required to apply in person at our One-Stop Customer Service Centre (OS-CSC). Please bring your NRIC, payment and other supporting documents stipulated on the course brochure to complete your course registration.
4. Is $500 in credit enough to cover my training costs?
A. Many courses are already highly subsidised by the government to ensure that training costs are affordable. The credit can be used on top of existing course fee subsidies provided by the government. The government will make periodic top-ups to Singaporeans’ SkillsFuture Credit Accounts.
5. Can I submit a claim without registering for a course?
A. No. Please register for a course with a training provider first before submitting a claim. You will need your course details (e.g. course start date, course ID, training provider) before you can submit a claim.
6. Can my employer ask me to use my credit to co-fund the course fees of training which they send me for?
A. 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.
Employers need to invest in job-related skills training of their workers as we restructure towards more capital-intensive and skills-driven growth. We will continue to support the efforts of employers through the substantial subsidies that we provide for employer-supported training. The SkillsFuture Credit complements this by fostering a culture that is supportive of lifelong learning.
In addition, employers will not be eligible for absentee payroll support if they ask their employees to fund or co-fund the course fees.
7. Can I sign up for courses through the SkillsFuture Credit Course Directory?
A. No. You need to register the course directly with the training provider.
8. Can I get a refund for the credit that I have used for a course if I am unable to attend the course or did not complete the course?
A. Where possible, you should cancel your claim submission in the SkillsFuture Credit portal before the course start date.
If your course has started and you are unable to complete it, you will need to contact BCAA for information about the refund policy.
9. How can I search for courses which are eligible for the SkillsFuture Credit?
A. The full list of approved courses can be found at www.skillsfuture.sg/credit under the SkillsFuture Credit Course Directory from 20 November 2015 onwards.
10. When will I receive top-ups to my SkillsFuture Credit Account?
A. The Government will make periodic top-ups to Singaporeans’ SkillsFuture Credit Accounts. No decisions have been made on the timing and quantum of the next top-up.
11. Will the SkillsFuture Credit expire?
A. No, it will not expire and can be used throughout your lifetime. Your SkillsFuture Credit Account will only be closed upon death or annulment of your Singapore citizenship.
For more FAQs, please refer to www.skillsfuture/sg/credit/help.