SkillsFuture
Credits

Introduced in 2015, all Singaporeans aged 25 years and above received an opening credit of $500. You can make use of the SkillsFuture Credit to deepen your existing skills or reskill into new areas outside of your current field.

From 1 May 2024, Singaporeans aged 40 years and above will receive a SkillsFuture Credit (Mid-Career) top-up to pursue a substantive skills reboot.

Click here for more information on SFC

SKILLSFUTURE SUBSIDY - UP TO 70% UPFRONT FUNDING SUPPORT

Claim Process

SkillsFuture Credit aims to encourage individuals to take ownership of their skills development and lifelong learning. Introduced in 2015, all Singaporeans aged 25 and above will receive an opening credit of S$500.

Registration process

Complete the online registration form for your chosen course.
Receive an invoice for the course fee from Stevenson Hureca Pte Ltd.
Use the invoice to offset net course fees with your SkillsFuture Credits on the MySkillsFuture portal by crediting directly to Stevenson Hureca Pte Ltd.

• For WSQ-accredited courses at Stevenson Hureca Pte Ltd, trainees qualify for the SSG training grant by meeting a minimum of 75% attendance and successfully passing the required assessment.

• Post-Secondary Education Account (PSEA) – If you’re under 30 and have unused funds in your PSEA, you can use these to offset SkillsFuture course fees. Any remaining PSEA balance will be transferred to your CPF account when you turn 30. Check your PSEA balance here.

• NTUC UTAP – NTUC UTAP members have up to 50% unfunded course fee support, capped at $500 each year, for courses supported by UTAP. This excludes miscellaneous fees such as GST and registration fee etc

ABSENTEE PAYROLL FUNDING

1. As announced by the Ministry of Education at the Committee of Supply 2021, the Enhanced Training Support Package (ETSP) has been extended to 31 December 2021, to allow companies to send more workers for industry-relevant training and help their workforce emerge stronger post-COVID-19.

Under the ETSP, companies are eligible for enhanced absentee payroll (AP) funding at 80% of hourly basic salary, capped at $7.50 per hour, when they send their employees for courses eligible for AP.

2. After the ETSP ends, SSG will be revising the AP funding to a more sustainable rate, in view of other support for enterprises such as the SkillsFuture Enterprise Credit. With effect from 1 January 2022, we will introduce a fixed AP rate at $4.50 per hour.

We will also set a $100,000 cap on the maximum AP funding each company can claim each calendar year to ensure that the benefits are more evenly distributed across companies (see Table 1):

Table 1: Revisions to AP Funding Rates1 Current (Under ETSP)

3. The Government will continue to support enterprises to train their employees as part of business transformation, through various schemes such as Enhanced Training Support for SMEs and SkillsFuture Enterprise Credit. We also encourage employers to take ownership of and invest in the upskilling and reskilling of their employees, which will in turn benefit the company.

4. Should you require further assistance, please contact SSG at 6785 5785 or submit your enquiries via SSG's feedback portal at https://portal.ssg-wsg.gov.sg/feedback.

What is UTAP ?

UTAP is a training benefit designed to help NTUC members offset their training costs, encouraging them to pursue skills upgrading.

NTUC members can enjoy 50% unfunded* course fee support, (i) Below 40 years old can receive up to $250 per year, and (ii) 40 years old and above can receive up to $500 per year. NTUC Starter members can enjoy course fee support of $200 per qualifying member per year under UTAP-Lite

Eligibility Criteria

• Learners must be an NTUC member with paid-up union membership before the course commencement, throughout whole course duration and at the point of claim.

• Course by training provider must be supported under UTAP, and training must commence within the supported period.

• Course must not be funded through company sponsorship or other types of funding.

• Unfunded course fee must be S$20.00 and above.

• Unfunded course fee refers to the balance course fee payable after applicable government subsidy, this excludes GST, registration fees, misc fees etc.

• Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any

Step 1: Check with our course advisor for suitable course that is UTAP eligibility.

Step 2 : Register and attend Stevenson Hureca’ s UTAP claimable course

Step 3: Log in to your U Portal account to submit your UTAP application.

*NTUC members must apply for their UTAP claim within 6 months of course completion. Late submissions will not be accepted.