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SkillsFuture Credit

How to Claim SkillsFuture Credit

HERE’S AN OVERVIEW

WHAT IS IT?

All Singaporeans aged 25 and above received an opening credit of S$500 from January 2016. Your credits will not expire and the government will provide periodic top-ups, so you may accumulate your credits.

WHO IS IT FOR?

SkillsFuture Credit is for all Singaporeans aged 25 and above.

HOW DO I USE IT?

You can use your credits to pay for or offset course fees by applying for claim(s) starting January 2016. All eligible Singaporeans will be able to access their SkillsFuture Credit account via: www.skillsfuture.sg/credit

WHAT CAN I USE IT FOR

Your credits can be used on top of existing government course subsidies to pay for a wide range of approved courses to upgrade yourself.

Enjoy Great Savings* on Your Course Fees!

HERE’S AN EXAMPLE

Certified Associate in Project Management

Amount Payable
(Excluding GST)
GST
Course Fee $1000 $70
Government Subsidy (Up to 90%) -$900 $70
Government Subsidy is
not applicable for GST
SkillsFuture credits Claimable
Individuals can choose to claim up to full amount or less, including GST
-$100 -$70
Total Amount Payable $0 $0

Figures used in the above example are for explanatory purposes only.

Financial Support Guideline

HERE’S A SIMPLE GUIDE TO HELP YOU IDENTIFY WHAT YOU ARE ELIGIBLE FOR

an NTUC Social Enterprise
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