Is the opening SkillsFuture Credit (SFC) of $500 enough to cover training costs?
Singaporeans have access to a wide range of funding to support their skills development. Many courses are already highly subsidised by the Government to ensure that training costs are affordable, with up to 90% course fee subsidies under the SkillsFuture Mid-Career Enhanced Subsidy for Singaporeans aged 40 and above. In addition, SFC can be used on top of course fee subsidies provided by the Government to defray out-of-pocket training expenses. SkillsFuture Singapore (SSG) also works with approved Training Providers to ensure that course fees remain affordable.
This information is sourced from SKILLSFUTURE
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