SkillsFuture Credits
Discover Highly Sought-after SkillsFuture-Eligible Courses to Increase Your Employability in Singapore
In just 21 hours, you can acquire in-demand skills online to increase your earning potential using your SkillsFuture Credits
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Understanding the government subsidies
What are SkillsFuture Credits?
SkillsFuture Credits (SFC) is designed to encourage and cultivate lifelong learning. Singaporeans can use SFC to fund out-of-pocket course fees for skills-related courses. These credits can also be used on top of existing course fee subsidies provided by the government, like the IBF subsidy.
What Courses Can I Enrol for with SkillsFuture Credits?
Data Analytics
Learn Excel, SQL, Tableau; leverage data for business decisions.
Cybersecurity
Acquire key cybersecurity skills and tools for a career boost.
UX Design
Design impactful digital experiences and enhance your portfolio.
Digital Marketing
Gain digital marketing skills in SEO, SEM, social media & more.
Advanced Data Analytics
Master advanced Excel, SQL, Tableau with Singaporean’s data experts.
Blockchain & Cryptocurrency
Learn about Bitcoin, blockchains, cryptocurrencies, NFTs and more.
Who is eligible for SkillsFuture?
SkillsFuture Credits are exclusive and only available for Singaporeans aged 25 and above. New Singapore citizens aged 25 and above are also eligible once they receive their citizenship.
Permanent Residents (PRs) are not eligible.
How much is the SkillsFuture grant?
All Singaporeans aged 25 and above in 2016 would have received an opening credit of S$500. Singapore citizens below 25 in 2016 will receive the same credits the year they turn 25. This opening credit does not have an expiry.
All Singaporeans aged 25 and above as of 31 December 2020 would receive a one-off SkillsFuture Credit top-up of S$500. This was to further inspire Singaporeans to upskill and broaden their opportunities in the future economy.
To support individuals access to career transition programmes, another one-off SkillsFuture Credit of S$500 was provided to every Singaporean aged 40 to 60 as of 31 December 2020.
- Do note that eligible individuals can only use Additional SkillsFuture Credit (Mid-career Support) on approximately 200 SkillsFuture Career
- Transition Programmes offered by the Continuing Education and Training (CET) Centres.
- From 1 June 2022, courses eligible are expanded, and includes the following – courses delivered by SSG-appointed CET centres, courses that meet training requirements for Progressive Wage Model sectors, and full qualifications programme delivered by Institutes of Higher Learninas.
- Unused credits under this package will expire on 31 December 2025.
How to Check SkillsFuture Credits Balance
IBF funding support operates on a nett fee model. Eligible self-sponsored and company-sponsored individuals are only required to pay the unsubsidised portion of the course fee. The nett fee can then be fully paid with your SkillsFuture Credits.
Training providers will claim the course fee subsidy from IBF directly.
Go to the MySkillsFuture Portal & click login.
Proceed to login with your SingPass.
Go to the SkillsFuture Credit page.
Check your SkillsFuture Credit balance.
How to Claim SkillsFuture Credits
SkillsFuture Credits are disbursed directly to training providers. Training providers that offer SFC-eligible courses will collect nett course fees from applicants, after offsetting the SFC to be used. Applicants who sign up for SkillsFuture-funded courses will be required to provide supporting documents as part of the claims submission process. SFC claims applications may be submitted by logging in through MySkillsFuture.gov.sg.
Once you have chosen a programme you want to enrol in, you have to first register for it with the training provider. Upon successful enrolment into the course, you can then check and submit a claim for SkillsFuture Credits.
Login to MySkillsFuture Portal with your SingPass
Go to the SkillsFuture Credit page
Click on “Proceed to Submit a Claim”
Click on “View More” for enrolled courses and select the course you want to claim SkillsFuture Credits for
Click on “Submit Claim”
Key in your payment details and upload supporting documents
Submit
Frequently Asked Questions
Who is eligible for SkillsFuture Credits?
SkillsFuture Credits are only available to Singaporeans aged 25 and above. New Singapore citizens aged 25 and above will also be eligible for the SkillsFuture Credits once they have received their citizenship.
Permanent Residents (PRs) are not eligible for SkillsFuture Credits.
How do I claim my SkillsFuture Credits?
1 – Go to https://www.myskillsfuture.gov.sg and log in using your SingPass
2 – Click on the arrow next to your name and select “SkillsFuture Credit”
3 – Click on “Proceed to Submit a Claim”
4 – Key in “Vertical Institute”
5 – Select the course that you signed up for
6 – Enter the start date of the course that you signed up form then scroll down
7a – With 90% funding: Fill in both fields
- On the left, key in the amount payable by you after the IBF funding support ($425)
- On the right, key in the amount you want to claim using SkillsFuture Credits
- If you are claiming the full amount of $425, please input $425 under amount of credit to claim
7b – With 70% funding: Fill in both fields
- On the left, key in the amount payable by you after the IBF funding support ($925)
- On the right, key in the amount you want to claim using SkillsFuture Credits
- If you are claiming the full amount of $295, please input $925 under amount of credit to claim
8 – Upload the invoice sent to you by your Admissions Manager
9 – Click submit. It takes up to 3 hours for the claim to be successful. Please login again to take the approved screenshot of the claim submission. Lastly, submit it to your Admissions Manager.
What are the courses available for SkillsFuture?
SkillsFuture is a national initiative in Singapore that aims to encourage lifelong learning and help individuals develop the skills and knowledge needed to stay relevant and succeed in a rapidly changing economy. There is a wide range of courses available under SkillsFuture, including those offered by Vertical Institute, which include:
- Data Analytics: This course covers the fundamentals of data analytics and provides hands-on experience in using tools such as Excel, SQL, and Tableau to analyse data and generate insights.
- Digital Marketing: This course covers the basics of digital marketing, including social media marketing, search engine optimisation (SEO), and content marketing, and provides practical experience in developing and executing digital marketing campaigns.
- UX Design: This course covers the principles of user experience (UX) design, including user research, prototyping, and usability testing, and provides hands-on experience in designing and testing UX solutions.
- Blockchain: This course covers the basics of blockchain technology and its applications in various industries, including finance, healthcare, and supply chain management.
- Cybersecurity: This course covers the fundamentals of cybersecurity, including risk management, threat detection, and incident response, and provides practical experience in securing computer networks and systems.
All of these courses are eligible for SkillsFuture Credit, which is a government scheme that provides Singaporeans aged 25 and above with a credit of up to $500 to help pay for approved skills-related courses. It is important to note that there are specific eligibility criteria and guidelines for SkillsFuture Credit, and individuals should check the SkillsFuture website or consult with the training provider to confirm their eligibility for a course before enrolling.
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