Introducing NTUC Training Fund (SEPs)
Leveraging the Government’s Self-Employed Person (SEP) Support Scheme and co-funded by the Government and NTUC, the NTUC Training Fund (SEPs) now allows SEPs to earn as they train. It also aims to support SEPs in deepening and/or acquiring new competencies during this lull period, in preparation for when the economy picks up and new opportunities arise.
How Can You Benefit From The Scheme?
The NTUC Training Fund (SEPs) is applicable for courses under the SkillsFuture Series and selected sector-specific training courses. The courses listed here are eligible for course fee subsidy, SkillsFuture Credit, and Training Allowance of at least $10 per hour (from 1 May 2020 onwards).
NTUC Union Members
NTUC Union Members who are SEPs will enjoy additional training allowance support. (From 1 May 2020 onwards)
How To Calculate Your Training Allowance
Earn up to $80 for every day you train – with more for union members! The more you train, the more you earn. To help you better understand the training allowance you can potentially receive, please see the training scenario infographic below. (Note: Upon verification of submitted documents required for Training Allowance claim, NTUC’s e2i will disburse the training allowance directly to your bank account within 30 working days after submission.)
You will be happy to know that course fees can be as low as $0 if you tap on SkillsFuture Credit. NTUC Union Members will also enjoy further savings through the $250 yearly training grant under UTAP (Union Training Assistance Programme). NTUC Union Members attending UTAP approved courses, can apply to UTAP for reimbursement of 50% unfunded course fee support capped at $250 each year.