If I am a returning Singaporean with overseas income, how will my SkillsFuture Mid-Career Training Allowance for full-time training be calculated?
Individuals are to ensure that their overseas income is updated with the relevant government sources (e.g. CPF Board and IRAS) before submitting the Training Allowance Application.
The SkillsFuture Mid-Career Training Allowance for full-time training is computed based on 50% of the individual’s average monthly income of the latest-available 12–month period of income data in the Government’s records as of the course start date, with a minimum allowance of $300 and maximum allowance of $3,000. The Training Allowance is fixed for the duration of the course.
This information is sourced from SKILLSFUTURE
Related questions
If the SkillsFuture Mid-Career Training Allowance for full-time training is computed based on the latest-available 12 months of income data is lower, can I request for SkillsFuture Singapore (SSG) to use another tranche of 12 months’ income data for the computation as it captures a higher combined wage?
How will the SkillsFuture Mid-Career Training Allowance be computed?
I received an email notification that my eligible SkillsFuture Mid-Career Training Allowance is $0. Why is this so?
When can individuals start applying for SkillsFuture Mid-Career Training Allowance? What are the requirements to qualify for SkillsFuture Mid-Career Training Allowance?
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