How To Check Your SkillsFuture Credits: A Comprehensive Guide [2024]

by Vertical Institute | Aug 11, 2022

how to check my skillsfuture credit - skillsfuture credit balance - how to check skillsfuture credit balance

Navigating your career path in today’s fast-paced world requires a commitment to continuous learning and development. SkillsFuture Credits offer a unique opportunity for Singaporeans to advance their skills and knowledge. In this guide, we’ll explore how to check your SkillsFuture credits online, understand the process for a SkillsFuture credit claim, and discover the various SkillsFuture eligible courses available.

What Makes Upskilling Important in Today’s Rapidly Evolving Economy?

In a world where the only constant is change, staying relevant and competitive means continually enhancing your skill set. SkillsFuture Credits are a testament to Singapore’s commitment to lifelong learning. Whether you’re a fresh graduate, a seasoned professional, or contemplating a career switch, understanding how to manage and utilise your SkillsFuture Credits is crucial.

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What is SkillsFuture Credit?

SkillsFuture is a national initiative designed to foster a culture of continuous learning. With initial credit and periodic top-ups, Singaporeans are encouraged to take ownership of their skills development and lifelong learning journey. This credit is a financial incentive that can be utilised to cover out-of-pocket expenses for a diverse selection of SkillsFuture-approved courses.

SkillsFuture Singapore reported that about 520,000 individuals and 23,000 employers participated in SkillsFuture Singapore (SSG) training programmes in 2023. They expect approximately 500,000 individuals to participate annually, representing about one-fifth of the total workforce. Here are other vital information:

How Do You Benefit from SkillsFuture?

How does SkillsFuture Credit work and how can you make the most of it?

Singaporeans receive an initial SkillsFuture Credit of $500, which does not expire, along with an additional top-up of $500 valid until 31 December 2025. Permanent Residents (PRs) of Singapore, on the other hand, do not receive SkillsFuture Credit but can still benefit from course fee subsidies at all SkillsFuture-approved institutions.

A Step-by-Step Guide to Checking Your SkillsFuture Credit Balance

Regularly checking your credit balance online ensures you’re always informed about the resources available for professional development. The process of checking your SkillsFuture credit balance is simple. Here’s how:

Step 1: Visit the MySkillsFuture Portal

Open your web browser and go to the official MySkillsFuture portal at MySkillsFuture.gov.sg.

Step 2: Log In and Access Your Account

Click on the “Login” button at the top right corner.
Use your SingPass to log in. If you don’t have a SingPass account, you must create one first.
Once logged in, navigate to the SkillsFuture Credit section on your dashboard.

Step 3: View Your Credit Balance

Navigate to the ‘SkillsFuture Credit’ section from the drop-down menu next to your name to view your current balance and transaction history.

A Step-by-Step Guide on Making a SkillsFuture Credit Claim

To leverage your credits for learning, you need to know how to make a SkillsFuture credit claim. Here’s how you can claim your credits:

Step 1: Log in to MySkillsFuture Portal

Step 2: Search for a Course and Register

Ensure the course is eligible for SkillsFuture Credit.
Follow the registration instructions provided by the course provider.

Step 3: Submit a Claim

Go to the “SkillsFuture Credit” section on the MySkillsFuture Portal.
Select ‘Submit A Claim’ from the drop-down menu.

Step 4: Fill in Course Details and Enter Claim Amount

Enter the course information as required.

Upload supporting documents such as the invoice or registration receipt.

Step 5: Review and Submit

Wait for a confirmation email regarding your claim status.
Once approved, the course fee will be offset using your SkillsFuture Credit.

Which Courses are Eligible for SkillsFuture Funding?

SkillsFuture caters to a diverse range of interests and industries, ensuring there’s a course for everyone. Whether you’re interested in technology, business, design, or any other field, SkillsFuture courses provide the knowledge and skills you need to advance. Take the time to explore the extensive course catalogue on the MySkillsFuture portal and find the right fit for your career aspirations. At Vertical Institute, you can maximise your credits with the following courses:

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How Can You Maximise Your SkillsFuture Credits?

To fully benefit from SkillsFuture, consider the following tips:

Regularly Review Your Credit Balance

Stay informed about your available credits by checking online.

Plan Your Learning Journey

Align your course choices with your career goals and interests.

Stay Updated on New Courses

The SkillsFuture course catalogue is continually expanding. Keep an eye out for new and relevant courses.

Understand the Claim Process

Familiarise yourself with the steps to make a SkillsFuture credit claim, ensuring a smooth and hassle-free experience.

Conclusion

How to check your SkillsFuture credits, making a claim, and choosing suitable courses are all critical steps in leveraging this powerful initiative for your career growth. By staying proactive and informed, you can make the most of SkillsFuture’s opportunities, ensuring you’re always at the forefront of your industry. Embrace lifelong learning, and watch as your career reaches new heights.

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About Vertical Institute

Vertical Institute prepares individuals for the jobs of tomorrow. We specialise in teaching in-demand skills, building the next generation of changemakers and inventors through our world-class tech courses and certifications.

Singaporeans and PRs can receive up to 70% IBF Funding off their course fees with Vertical Institute. The remaining fees can be claimable with NTUC UTAP Funding or SkillsFuture Credits.