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.
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.
SKILLSFUTURE STUDY AWARDS
This programme is for those in their early and mid-career so they can develop and deepen their skills in future growth clusters. A monetary award of S$5000 will be given to over 500 study awards recipients from October 2015, with up to 2,000 study awards given annually at a later stage.
SKILLSFUTURE MID CAREER ENHANCED SUBSIDY
If you’re a Singaporean aged 40 and above, you’ll enjoy up to 90% course fee subsidy for SSG-funded courses, which includes modular courses in publicly funded post-secondary education institutions, and additional reductions in MOE-funded diploma and degree courses. This means a 20 to 40 per cent increase in subsidy for SSG-funded courses at the PME level and a 6 to 20 per cent increase for MOE-subsidised diploma and degree courses.