Written By: SCAL Academy
Date: 20 May 2024
Topic: Course Funding and Subsidies
SkillsFuture Credit is a unique initiative by the Singapore government aimed at encouraging lifelong learning and skills development among its citizens. The credits are allocated to Singapore Citizens to offset out-of-pocket expenses for work-skills related courses. These credits can be used in conjunction with existing government course fee subsidies, making SkillsFuture Credit an excellent resource for career advancement and personal development, particularly in workplace safety and health (WSH) training.
All Singapore Citizens aged 25 and above in 2016 received an opening credit of S$500. For those below 25 years old in 2016, they will receive $500 worth of credits when they turn 25.
In Budget 2020, the government announced a one-off SkillsFuture Credit top-up of $500 for every Singapore Citizen aged 25 and above as of 31 December 2020. This additional credit, available from 1 October 2020, can be used for SkillsFuture courses to enhance employability and skills.
Starting 1 May 2024, the SkillsFuture Credit (Mid-Career) can be utilized to offset out-of-pocket course fees for selected courses with better employability outcomes. These courses include:
Full qualifications and shorter modules from Institutes of Higher Learning (IHL)
MOE-subsidised full qualifications from the University of the Arts Singapore and other arts institutions
SkillsFuture Career Transition Programmes (SCTP)
Courses aligned with Progressive Wage Model (PWM) sectors
Workplace Literacy and Numeracy courses
The complete list of eligible courses here.
The expiry dates for SkillsFuture Credits vary based on the top-up tranches. The original SkillsFuture Credits do not expire. However, the 2020 top-up and the Additional SkillsFuture Credit for individuals aged 40 to 60 will expire by the end of 2025.
SkillsFuture Singapore (SSG) provides various subsidies to ensure course fees remain affordable for both Singapore Citizens and Permanent Residents (PRs). These subsidies apply to both self-sponsored and company-sponsored applicants.
Eligible individuals can benefit from additional subsidies up to 90% through the SkillsFuture Mid-Career Enhanced Subsidy (MCES).
SCAL Academy offers a wide range of safety courses that are eligible for SkillsFuture Credit and funding. These courses are designed to enhance workplace safety and health (WSH) skills, providing valuable knowledge and certifications for professionals in the construction and other high-risk industries. Here are some of the key SkillsFuture safety courses offered by SCAL Academy:
These courses are designed to equip individuals with the necessary skills and knowledge to ensure safety and health in various work environments. They cover critical aspects of workplace safety, including risk management, working at heights, confined spaces, and scaffolding operations.
With the availability of SSG funding and SkillsFuture Credits, individuals can enroll in these courses at no personal cost. This financial support enables professionals to acquire essential safety skills and certifications, thereby enhancing their career prospects and contributing to a safer workplace environment.
SkillsFuture Credit can be used on top of existing government subsidies for a wide range of approved skills-related courses, including:
Courses subsidized or approved by SkillsFuture Singapore (SSG), including online courses
Selected courses offered by Ministry of Education (MOE)-funded institutions
Courses supported by public agencies
SkillsFuture@PA courses offered by the People’s Association
Courses offered by the Infocommunications Media Development Authority of Singapore (IMDA)’s Silver Infocomm Junctions
Selected courses under the National Silver Academy
SkillsFuture Credit is an invaluable initiative for Singaporeans aiming to enhance their skills and career prospects. By leveraging SkillsFuture Credit and funding, individuals can access a wide range of courses, including essential safety training provided by SCAL Academy. These courses not only improve workplace safety and health but also equip participants with the knowledge needed to thrive in high-risk industries. Whether you are just starting your career or seeking to upgrade your skills, SkillsFuture Credit offers the financial support necessary to pursue continuous learning and professional development.
For more information, please contact Mr Daniel at 67939020 or email weikit@scal-academy.com.sg
“The training provided by SCAL’s experienced and knowledgeable trainers has equipped me with an excellent grasp of construction safety and allowed me to enhance worksite safety in Woh Hup”
“The course content is very relevant to my daily work and I will definitely recommend this course to my colleagues with design background at SCAL Academy.”
“SCAL Academy has a good understanding of how the industry works and the training is much better aligned with practical needs. The trainer also exhibited fantastic content knowledge and this enabled me to apply the concepts to my work.””
