There are many perks of being a Singapore Citizen, and one of them is have SkillsFuture credits. If you’ve been tuning into the recent Budget announcements, you'll notice that the Government announced that there will be a round of additional one-off top-ups of SkillsFuture credits in 2020.

If you’re wondering what that’s all about, how many credits you are eligible for and when they expire, we’ll cover all that and more in this SkillsFuture guide.

2020 Skillsfuture Credits in Singapore

First of all, what is SkillsFuture? Introduced in 2015, the SkillsFuture programme is designed to help encourage Singaporeans to take an active role in upskilling themselves to stay competitive in the job market.

  For who Expiry
$500 SkillsFuture opening credit  Credited when Singaporeans turn 25 years old Does not expire 
$500 SkillsFuture credit top-up  Credited to Singaporeans age 25 and up  Can be used 1 Oct 2020 onwards, expires 31 Dec 2025 
$500 Additional SkillFuture Credit (mid-career support)   Credited to Singaporeans age 40 to 60  Can be used 1 Oct 2020 onwards, expires 31 Dec 2025

All Singaporeans receive $500 SkillsFuture opening credit when they turn 25 years old. These credits do not expire.

This year, the Government announced that they will provide a one-off $500 SkillsFuture credit top-up to Singaporeans 25 years old and above (as at 31 December 2020). So if you’re above 25 years old, you will have your $500 opening credit + $500 (assuming you haven’t already used your opening credits).

On top of that, those who are age 40 to 60 (as at 31 December 2020) will receive an additional $500 SkillsFuture credits (so $1,000 in total). The credits announced this year will expire on 31 December 2025. 

Skillsfuture Courses in Singapore

You can use these SkillsFuture credits for:

  1. Courses subsidized or approved by SkillsFuture Singapore (SSG)

  2. Selected courses by MOE-funded institutions 

  3. Courses supported by public agencies 

  4. [email protected] courses 

  5. Courses offered by the Infocommunications Media Development Authority of Singapore (IMDA)’s Silver Infocomm Junctions 

  6. Selected courses under National Silver Academy.

You may browse the full catalogue of SkillsFuture-eligible courses on the official SkillsFuture site. Some popular training providers include Udemy, General Assembly, Temasek SkillsFuture Academy and more.

There are many courses available, and it can be quite overwhelming. Here are some tips on picking one:

  • The prices listed are before any subsidies. Make sure you check the final, subsidised course fees before deciding whether you have the SkillsFuture credits for it. 

  • Take note of the course details and commitment required. Some are online and only take a couple of hours, others can be held at a physical venue and take months or even years to complete. 

  • Another detail to double check is the course language. While most are in English, there are Mandarin and Malay courses too. 

  • Make sure you meet the prerequisites. Some of the higher level courses may require prerequisite knowledge and qualifications, so do ensure you’re eligible before applying.

If you’re still unsure where to start looking and/or would like recommendations on the most suitable courses for you, you can sign up for SkillsFuture Advice workshops.

How to claim Skillsfuture credits 

First, you can check your SkillsFuture credit balance by logging into your SkillsFuture Credit account at MySkillsFuture. Once you’ve verified how many credits you have, you can browse for suitable SkillsFuture courses (see above).

Then, apply directly for your preferred SkillsFuture-approved course with the training provider. Make sure you receive an official receipt or invoice - you’ll need this to make a claim!

Next, log into your MySkillsFuture account with your SingPass and go to “submit a claim”. You’ll need to browse the directory for the course you took, and fill up a form with details of your enrollment.

Finally, you’ll be prompted to upload the receipt/invoice and submit the claim application. Don’t worry - if the SkillsFuture credits cover the cost of the course, you won’t be made to pay any cash upfront. Once approved, SkillsFuture will pay the training provider directly.

As you can see, you’ll need your SingPass account to claim SkillsFuture credits, so if for whatever reason you can’t access your account, you can 1) visit, 2) email [email protected] or 3) call SingPass at +65 6643 0555 for assistance.

Ready to sign up? Not yet! There are few more noteworthy programmes and subsidies to read up on in case you’re eligible for them too. 

Skillsfuture Mid-Career Enhanced Subsidy 

If you’re eligible for the Additional SkillsFuture mid-career support top-up, it means that you’re above 40 years old and also eligible for the SkillsFuture mid-career enhanced subsidy.

Type of courses Subsidy
Courses by SSG-appointed CET centres Non Professionals, Managers & Executive (PME) level courses Up to 90%
Certifiable-skills training course Non Professionals, Managers & Executive (PME) level courses Up to 90%, capped at $25/hour
Certifiable-skills training course Professionals, Managers & Executive (PME) level courses Up to 90%, capped at $50/hour

Basically, you will receive higher subsidies of up to 90% of course fees for selected SSG-supported courses and MOE-subsidised programmes. You can read more about it on SkillsFuture

SkillsFuture Earn and Learn Programme 

Not a mid-career worker, under 25, and are instead just starting out on your career journey? Don’t worry, the Government didn’t forget you.

The SkillsFuture Earn and Learn Programme is a 12- to 18-month work-study programme for fresh polytechnic and ITE graduates. Through this programme, those new to the workforce can earn valuable hands-on experience, and be awarded with industry-recognised qualifications to show for it.

There are no fees for the programme. In fact, participants will be paid during the programme, and receive a $5,000 sign-on incentive (disbursed in two tranches).

The SkillsFuture Earn and Learn programme is relatively new, and currently only covers food manufacturing, F&B, logistics and retail sectors. You can read more about this programme on this Ministry of Manpower programme FAQ page.

SkillsFuture for Students

For students even younger than that, sorry - you’ll have to wait a few more years to embark on your SkillsFuture journey. That said, the Government still does provide career-related resources for youths as young as in primary and secondary school through a SkillsFuture portal for students.

Through the portal, youths can read up on different education routes and career paths to discover more about their interests and aptitudes and plan for the future. There’s also an interactive Career Quest game.

The above-mentioned 2020 SkillsFuture credit top-ups were credited and ready for use from 1 October, so they should already be in your account. You have five years so utilise them, but if you have some free time now (since, you know, no travelling…), why not start browsing for courses? Good luck and have fun!

GoBear team

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