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What will happen to the Additional SkillsFuture Credit (Mid-Career Support) provided in 2020?
The original expiry date of 31 December 2025 of the Additional SkillsFuture Credit (Mid-Career Support) will be lifted.
On 1 May 2024, the remaining credit balance from the Additional SkillsFuture Credit (Mid-Career Support) was merged with the top-up of $4,000 to form the new SkillsFuture Credit (Mid-Career).
For example, if you have used $300 from your Additional SkillsFuture Credit (Mid-Career Support) account, your balance of $200 will be brought over to your new SkillsFuture Credit (Mid-Career) account. You will therefore see a total of $4,200 in your SkillsFuture Credit (Mid-Career) account from 1 May 2024.
This information is sourced from SKILLSFUTURE.
Related questions
When I make a claim, can I select which SkillsFuture Credit to use?
Since the Additional SkillsFuture Credit (Mid-Career Support) has been merged with the new SkillsFuture Credit (Mid-Career), why are the courses eligible for SkillsFuture Credit (Mid-Career) different?
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What is SkillsFuture Credit (SFC)?
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What is ‘Additional SkillsFuture Credit (Mid-Career Support)’?
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