Funding
SkillsFuture is a national movement that provides opportunities for all Singaporeans to develop to their fullest potential at different stages of their lives.
SkillsFuture Credit
Singaporeans aged 25 and above will be eligible for an initial credit of $500 in their SkillsFuture Credit accounts upon receiving their account activation letter. The credits can be used to pay for or offset the course fees for WSQ Courses. They can also be used on top of existing course fee grants. Use of this credit is limited to self-sponsored Singaporean applicants. All applications must be submitted via the SkillsFuture Portal using SingPass, and must be done 30 days before commencement of the course. You may make an application to use your SkillsFuture Credit at the following link: https://www.skillsfuture.sg/Credit
Mid-Career Enhanced Subsidy
The SkillsFuture Mid-Career Enhanced Subsidy(MCES) supports and encourages lifelong learning and helps Singaporeans stay responsive to a changing workplace. All Singaporeans aged 40 and above will receive subsidies of up to 90% of course fees, capped at $25 per hour for WSQ Courses. For more information, https://www.skillsfuture.sg/enhancedsubsidy
SKILLSFUTURE FUNDING 80% GRANT
All Singaporeans/PRs aged 21 years old and above will be eligible for the SSG Training Grant, receiving subsidies of up to 80% of course fees, capped at $17 per hour for WSQ Courses. For more information, https://www.ssg-wsg.gov.sg/individuals.html
Post-Secondary Education Account (PSEA)
Initiated by the government to encourage completion of one’s studies beyond secondary school, the Post-Secondary Education (PSE) Scheme allows Singaporeans additional support in funding for further studies. An account is automatically opened for all Singaporeans by the Ministry of Education. If a Singaporean is eligible for a Child Development Account (CDA) and has unspent balance in his CDA, a PSEA will be opened for him/her:
- In the year he/she turns 7 years old for a child born between 2001 and 2005
- In the year he/she turns 13 years old for a child born in or after 2006.
More information can be found at https://www.moe.gov.sg/initiatives/post-secondary-education-account
SkillsFuture Qualification Award
Singaporean workers who attain a WSQ full qualification can apply for a cash award of $200 or $1000.
Singaporean Citizens who have attain the following WSQ qualification will be eligible for cash award $200
- Certificate
- Higher Certificate
- Advanced Certificate
Singaporean Citizens who have attained the following WSQ qualification will be eligible for cash award $1000.
- Diploma
- Specialist Diploma
- Graduate Certificate
- Graduate Diploma
More information can be found: https://www.skillsfuture.sg/qualificationaward