Does your company still have unused SkillsFuture Enterprise Credit (SFEC)? If so, the upcoming expiry deserves your attention.
The current SFEC expires on 30 November 2026, and any unused balance will not carry forward.
From 1 December 2026, the redesigned SkillsFuture Enterprise Credit, also known as Enhanced SFEC, introduces a fresh S$10,000 credit for eligible employers. The new scheme also changes how companies pay for supported workforce training.
What does this transition mean for your remaining credits and future training plans?
This guide explains the SFEC expiry, what changes under Enhanced SFEC, and how your company can prepare.
Quick Takeaways
- The current SkillsFuture Enterprise Credit (SFEC) expires on 30 November 2026. Eligible course runs must finish by this date.
- Unused SFEC credits will expire and cannot be transferred to the new scheme.
- Final claim requirements vary. Some employers must submit manual claims by 30 November 2026, while eligible claims for Singapore Citizens and PRs are processed automatically.
- SFEC (Enhanced) launches on 1 December 2026, providing eligible companies with a fresh S$10,000 credit valid for three years.
- The new online wallet offsets at least 90% of eligible out-of-pocket costs upfront, subject to programme requirements and available credits.
Table of contents
When Does the SkillsFuture Enterprise Credit Expire?
The current SkillsFuture Enterprise Credit (SFEC) expires on 30 November 2026. Eligible employers must use their remaining credits within the scheme’s requirements before this deadline.
This affects companies planning to use SFEC for workforce training or enterprise transformation programmes.
When Does SFEC Expire and What Happens to Unused Credits?
The final SFEC expiry date is 30 November 2026. Here’s what employers should know:
- Training completion: Eligible course runs must finish by 30 November 2026, subject to SWDA’s approval. Training that starts in November but ends in December will not qualify for the current SFEC.
- Unused credits: Any remaining SFEC balance will expire after the deadline. Employers cannot carry it forward, transfer it to SFEC (Enhanced), or receive it as cash.
- New SFEC allocation: From 1 December 2026, eligible companies will receive a fresh S$10,000 credit under SFEC (Enhanced), separate from their previous allocation.
What Are the Final SFEC Claim Deadlines?
The final claim requirements depend on the type of programme and employees involved.
Here’s what employers need to know:
- Training for Singapore Citizens and Permanent Residents: Eligible SFEC claims are processed automatically after the relevant course fee grants and subsidies receive approval. No separate SFEC claim submission is required.
- Training for foreign employees (excluding LTVP+ holders): Employers must submit SFEC claims through the existing SFEC system by 30 November 2026. Training providers must endorse these claims by 30 April 2027.
- Enterprise transformation programmes: Employers must submit final claims to the respective agencies by 30 November 2026, following each programme’s claim requirements.
For more details on the claiming process, refer to Enterprise Singapore’s official SFEC FAQs or our SkillsFuture Enterprise Credit guide.
What Is Enhanced SFEC and How Is It Different?
With the current SFEC approaching expiry, Singapore will introduce a redesigned scheme to support employers’ workforce development needs.
SkillsFuture Enterprise Credit (Enhanced), or SFEC (Enhanced), introduces changes to how eligible companies receive and use their credits.
What Is the New SkillsFuture Enterprise Credit (Enhanced)?
SFEC (Enhanced) launches on 1 December 2026 under Singapore’s Enterprise Workforce Transformation Package (EWTP). The scheme provides eligible companies with a fresh S$10,000 credit to support workforce transformation programmes, including eligible employer-sponsored training.
Unlike the current SFEC, which reimburses companies after approved claims, the enhanced scheme introduces an online wallet. This allows employers to offset at least 90% of eligible out-of-pocket costs upfront, subject to their available credit balance.
The redesigned credit will remain valid until 30 November 2029, giving companies three years to plan their workforce development.
Current SFEC vs Enhanced SFEC: What’s Changing?
Although both schemes provide S$10,000 in credits, their coverage and payment arrangements differ.
Here’s a comparison of the current SFEC and SFEC (Enhanced):
| Feature | Current SFEC | SFEC (Enhanced) |
|---|---|---|
| Scheme dates | Expires 30 November 2026 | Launches 1 December 2026 |
| Validity period | Ends with the current scheme’s expiry | Valid for 3 years (until 30 November 2029) |
| Credit amount | One-off S$10,000 | Fresh S$10,000 |
| Programme coverage | Enterprise Transformation (up to S$7,000) and Workforce Transformation (minimum S$3,000 reserved) | Focuses on workforce transformation, including eligible training, job redesign and workforce capability-building |
| Funding support | Up to 90% of eligible out-of-pocket costs | At least 90% of eligible out-of-pocket costs upfront, subject to the S$10,000 credit limit |
| Payment method | Reimbursement after approval | Upfront offset through an online wallet |
Who Is Eligible for Enhanced SFEC?
Companies must meet specific eligibility requirements to qualify for SFEC (Enhanced).
Based on the published criteria, eligible companies must:
- Have employed at least three Singapore Citizens or Permanent Residents every month from 1 January to 31 December 2025.
- Have no outstanding Skills Development Levy (SDL) defaults during the qualifying period.
- Not have an inactive business status with the Accounting and Corporate Regulatory Authority (ACRA).
The employee requirement covers Singapore Citizens and Permanent Residents receiving salaries with CPF contributions.
Eligible companies do not need to submit a separate application for SFEC (Enhanced). Instead, they will receive an eligibility email before the scheme launches and must complete a workforce questionnaire to unlock their credits.
Employers can refer to the official SFEC (Enhanced) programme page for eligibility details.
What Can Enhanced SFEC Be Used For?
SFEC (Enhanced) focuses on workforce transformation rather than the broader enterprise transformation coverage of the current scheme.
Supported workforce development initiatives include:
- Employer-sponsored training: Eligible Skills and Workforce Development Agency (SWDA)-funded courses that help employees develop workplace skills.
- Job redesign: Eligible projects under the SkillsFuture Workforce Development Grant (Job Redesign+), supporting role redesign and workforce capability-building.
- Workplace learning: Eligible National Centre of Excellence for Workplace Learning (NACE) projects that help companies strengthen workplace learning practices.
For employer-sponsored corporate training, SFEC (Enhanced) helps offset eligible out-of-pocket course fees after applicable government subsidies. The actual funding depends on the supported programme and the company’s available SFEC balance.
Companies should confirm their chosen programmes’ eligibility before enrolling employees or committing to projects.
How Should Employers Prepare for SFEC Expiry and Enhanced SFEC?
With the current SFEC expiring and the enhanced scheme launching soon, employers should review their remaining credits and upcoming training plans.
Here are practical steps your company can take before and after the transition.
What Should Employers Do Before 30 November 2026?
If your company has unused SFEC credits, consider these steps before the deadline:
- Check your remaining balance: Log in to SkillsFuture for Business to review your available credits and past claims.
- Review upcoming training: Confirm that eligible course runs finish by 30 November 2026.
- Complete outstanding claims: Submit any required manual claims and supporting documents within the applicable deadlines.
- Confirm programme eligibility: Check whether your planned training or enterprise transformation activities qualify under the current SFEC.
With the deadline approaching, employers should prioritise eligible training and outstanding claims to avoid losing their remaining SFEC credits.
How Can Employers Prepare for Enhanced SFEC from 1 December 2026?
Companies planning to use SFEC (Enhanced) should check their eligibility, complete the required workforce questionnaire, and review supported programmes.
Eligible employers can then use their online wallet to offset qualifying costs upfront when enrolling employees in supported courses.
Example: How SFEC (Enhanced) Reduces Upfront Training Costs?
Suppose your company sponsors an eligible Singapore Citizen aged 40 or above for Vertical Institute’s level 1 Corporate Generative AI Training. Here’s how the upfront payment could change, assuming 70% course fee funding and a 90% SFEC offset:
| Fee Breakdown | Amount |
|---|---|
| Original Course Fee | S$1,650.00 |
| Government Subsidy (70%) | −S$1,155.00 |
| Net Course Fee | S$495.00 |
| GST (9%) | +S$148.50 |
| Upfront Payable Before SFEC | S$643.50 |
| SFEC (Enhanced) (90% of S$495) | −S$445.50 |
| Upfront Payable After SFEC (Enhanced) | S$198.00 |
Under the current SFEC, the company would initially pay S$643.50 and receive the eligible SFEC reimbursement later. With SFEC (Enhanced), the upfront payable goes down to just S$198.00, subject to course eligibility and available credits.
Eligible employers may also benefit from Absentee Payroll funding and tax benefits under the Enterprise Innovation Scheme (EIS). GST-registered companies may separately claim GST input tax, subject to eligibility.
Related Article: Training Grants for Employers in Singapore: Funding & Support Guide for SMEs
BUSINESS SUBSIDY CALCULATOR Take this 5-minute questionnaire to get an instant breakdown of all eligible subsidies and course fee!
Which Training Programmes Should Companies Prioritise?
Employers should prioritise training based on their employees’ skills gaps and daily work requirements.
For example, companies can consider:
- Generative AI: Help employees apply AI tools to workplace tasks, reporting, and content creation.
- Data analytics: Build employees’ ability to analyse information, create reports, and support business decisions.
- Digital marketing: Strengthen skills in online advertising, customer engagement, and campaign performance.
- Workplace soft skills: Develop communication, leadership, conflict management, and problem-solving capabilities.
Vertical Institute offers corporate training programmes across these areas, with options for different team sizes and training needs. Companies can explore suitable courses and confirm SFEC (Enhanced) eligibility before enrolling their employees.
Corporate Training Equip your teams with practical, industry-relevant AI and technology skills through corporate training from a Singapore-based provider accredited by SWDA and IBF. 
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What Does Corporate Training Look Like in Practice?
When planning employee training, companies can look at how other organisations have developed their workforce capabilities.
OSM Thome Singapore partnered with Vertical Institute to train 50 employees in Generative AI over four weeks. The programme included 32 hours of hands-on training across three cohorts.
Reflecting on the experience, OSM Thome Singapore shared:
“This training not only strengthened our digital capabilities, it also equipped participants with a practical understanding of Generative AI…”
The training helped employees understand how to apply Generative AI responsibly to workplace tasks, decision-making and customer service.
Read the full OSM Thome corporate training case study to learn more about the programme and its outcomes.
FAQs About SFEC Expiry and Enhanced SFEC
Yes. The current SkillsFuture Enterprise Credit expires on 30 November 2026. Any unused credit will be forfeited after this date. Eligible companies can access the redesigned SFEC from 1 December 2026.
No. Unused credits from the current SFEC cannot be transferred to SFEC (Enhanced). The new scheme provides a separate S$10,000 credit to eligible companies, regardless of their remaining balance under the existing scheme.
No. Eligible course runs must finish by 30 November 2026 to qualify for the current SFEC, subject to SWDA’s approval. Simply enrolling or starting training before the deadline does not qualify.
Yes, provided they meet the eligibility requirements for SFEC (Enhanced). The redesigned scheme provides a fresh S$10,000 credit, regardless of whether companies previously used their existing SFEC allocation.
Eligible companies will receive an email notification before the scheme launches. Employers must complete a workforce questionnaire to unlock their credits. They can also refer to the official SFEC (Enhanced) programme page for eligibility information.
No separate application is required. Companies must meet the scheme’s eligibility criteria, including having at least three resident employees. Eligible employers will receive a notification and must complete the required workforce questionnaire to access their credits.
Eligible companies must first complete the required workforce questionnaire to unlock their S$10,000 credit. They can then use their online wallet to offset eligible out-of-pocket costs upfront when enrolling employees in supported courses or undertaking qualifying workforce transformation programmes.
SFEC (Enhanced) supports eligible workforce transformation programmes, including employer-sponsored training, job redesign and workplace learning initiatives. Companies can explore Vertical Institute’s corporate training courses in Generative AI, Data Analytics, Digital Marketing and workplace soft skills, subject to course-specific SFEC eligibility.
SFEC (Enhanced) provides eligible companies with S$10,000 to offset supported workforce transformation costs, including employer-sponsored training. Individual SkillsFuture Credit helps Singapore Citizens aged 25 and above pay for eligible courses they pursue themselves.
Plan Ahead for SFEC Expiry and Enhanced SFEC
With the current SFEC expiring on 30 November 2026, employers should review their remaining credits and complete any outstanding requirements before the deadline.
For SFEC (Enhanced), which launches on 1 December 2026, companies can start identifying their employees’ training needs and exploring eligible programmes. Planning ahead gives employers more flexibility to use their new S$10,000 credit over the next three years.
If you’re still exploring suitable training options for your employees or have questions about SFEC (Enhanced), Vertical Institute’s team is here to help. We can help you better understand the available funding options and identify courses that suit your company’s training needs.
