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. This is a key component of the SkillsFuture Level-Up Programme.
For all Singaporeans aged 25 years and above
S$500 opening SkillsFuture Credit does not expire
A one-time top-up of $500 was provided to those aged 25 and above in 2020. This top-up will expire at the end of 2025
Can be used for a wide range of SkillsFuture Credit-eligible courses
For Singaporeans aged 40 years and above
Top-up of $4,000 SkillsFuture Credit (Mid-Career) that does not expire.
A one-time top-up of $500 was provided to those aged between 40-60 years (inclusive) in 2020. The expiry date for this top-up will be lifted. Any balance from the 2020 top-up will be merged with the new $4,000 top-up.
Can be used for about 7,000 selected courses that support substantive upskilling and reskilling.
Both tiers of SkillsFuture Credit can be used on top of existing government course subsidies to pay for approved skills-related courses.
Can be used for a wide range of SkillsFuture Credit-eligible courses available on MySkillsFuture
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 and selected courses under National Silver Academy.
* Institute of Technical Education, polytechnics, autonomous universities, LASALLE College of the Arts and Nanyang Academy of Fine Arts
Can be used for about 7,000 selected courses that support substantive upskilling and reskilling.
Institutions of Higher Learning full qualifications and shorter modules that stack to a full qualification
MOE-subsidised full qualifications from the University of the Arts Singapore and Arts Institutions
SkillsFuture Career Transition Programme (SCTP), which are SSG’s train-and-place programmes in sectors with good hiring opportunities
Courses aligned to training requirements in Progressive Wage Model (PWM) sectors
Workplace Literacy and Numeracy courses.
You will receive the opening SkillsFuture Credit of $500, which is given to all Singaporeans once they turn 25 years old.
Besides the opening SkillsFuture Credit of $500, you would also have received a one-time SkillsFuture Credit top-up of $500 on 1 October 2020. The credit top-up was given to all Singaporeans aged 25 years or above as at 31 Dec 2020, and will expire on 31 December 2025.
In the year that you turn 40 years old, you will qualify for the SkillsFuture Credit (Mid-Career Support) of $4,000.
The balance of $200 from your Additional SkillsFuture Credit (Mid-Career Support) account will combine with your new SkillsFuture Credit (Mid-Career) top-up of $4,000. You will therefore see a total of $4,200 in your SkillsFuture Credit (Mid-Career) account from 1 May 2024.
If you need help on claims, please visit skillsfuture.gov.sg/feedback.
If you wish to report on suspicious SkillsFuture - related practices, please call or email audit@ssg.gov.sg