What is SkillsFuture?
SkillsFuture is a national movement to provide Singaporeans with the opportunities to develop their fullest potential throughout life, regardless of their starting points.
Through this movement, the skills, passion and contributions of every individual will drive Singapore’s next phase of development towards an advanced economy and inclusive society.
Who is SkillsFuture for?
Everyone is part of Singapore’s SkillsFuture journey. The choices you make or guide others to make in education, jobs or careers should lead to opportunities to maximize one’s potential and develop a mastery of skills.
To meet challenges and achieve success, chart your own paths through lifelong learning and skills mastery. Every Singaporean, every job, at every stage of life, counts.
Four Key Thrusts:
- Help individuals make well-informed choices in education, training and careers
- Develop an integrated high-quality system of education and training that responds to constantly evolving needs
- Promote employer recognition and career development based on skills and mastery
- Foster a culture that supports and celebrates lifelong learning
For more information on SkillsFuture please click the given link https://www.ssg.gov.sg/skillsfuture.html
What is SkillsFuture Credit?
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 $500 from January 2016. Your credit will not expire and the Government will provide periodic top-ups, so you may accumulate your credit.
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 will be provided to every Singapore Citizen aged 25 years and above as at 31 December 2020.
From 1 October 2020, this top-up can be used on all SkillsFuture Credit-eligible courses, and will expire on 31 Dec 2025.
Additional SkillsFuture Credit (Mid-Career Support)
To improve individuals’ access to career transition programmes, a one-off SkillsFuture Credit of $500 will be provided to every Singapore Citizen (SC) aged 40 to 60 (inclusive) as at 31 December 2020. This will be over and above the $500 SkillsFuture Credit top-up for SCs aged 25 and above as at 31 December 2020.
From 1 October 2020, eligible individuals can use the Additional SkillsFuture Credit (Mid-Career Support) on (i) SGUnited Skills Programme, (ii) SGUnited Mid-Career Pathways Programme – Company Training, and (iii) Career Transition Programmes.
All unused credit from this additional SkillsFuture Credit will expire on 31 December 2025.
How to claim or use the SkillsFuture Credit? How to check credit balance and transactions?
You can use your SkillsFuture Credit to pay for or offset the course fees of approved courses by applying through www.skillsfuture.sg/credit or MySkillsFuture.sg. You can also check your SkillsFuture Credit balance and claim transactions.
At the point of course registration, you should inform your Training Provider of your intention to utilise your SkillsFuture Credit in part or in full against the qualifying course fees. You should then submit your claim via MySkillsFuture within 60 days before the course start date (date inclusive). SSG will disburse the equivalent amount to the Training Provider.
For more information on SkillsFuture Credit click the given link https://www.skillsfuture.gov.sg/credit