Can I transfer my SkillsFuture Credit (SFC) to someone else (e.g., family member or next-of-kin) especially if they have a greater need for skills training)?
No, SFC is meant to support the individual ownership of skills development and lifelong learning of Singaporeans by defraying out-of-pocket course fees. As such, SFC is not transferable. Besides SFC, eligible individuals can access subsidies of up to 90% for MOE- and SSG-supported courses at Institutes of Higher Learning (IHLs) and approved private training providers.
This information is sourced from SKILLSFUTURE
Related questions
Why does the SkillsFuture Credit (SFC) only support skills-related courses?
Why do lower-income earners receive the same amount of SkillsFuture Credit (SFC) as high-income earners?
Why is SkillsFuture Credit (SFC) only available to Singaporeans aged 25 and above?
Why is the SkillsFuture Credit (SFC) only for individuals? Will the Government extend support to employers?
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