SFC can only be used to pay for Udemy and Coursera courses with effect from 22 Dec 2023, and is only applicable to courses which were completed on or after the effective date.

Individuals must complete their course(s) and submit their claim request within 12 months from the subscription invoice/receipt date directly to SSG through SSG-WSG service portal.

The supporting documents required are:

a) Course/exam invoice/receipt; and

b) Completion of course certificate or proof of exam attendance. 

You will be reimbursed for your out-of-pocket course/exam fees through your available SFC balance upon SSG’s approval of your claim request.  

New Singapore Citizens aged 25 and above will be eligible for SFC after they receive their Singapore citizenship. SSG will inform them about their SFC accounts and when they will be able to start using their credit. Citizens who are 25 years old and above will receive an opening SFC of $500 while those who are 40 years old and above will receive their $4,000 SkillsFuture Credit (Mid-Career).  

Yes, you will be eligible for Opening SFC of $500 as long as you are a Singaporean aged 25 and above. Singapore Citizens aged 25 years and above as at 31 December 2020 will receive the One-Off SFC Top-Up of $500 and Singapore Citizens aged 40 to 60 (inclusive) as at 31 December 2020 will receive the Additional SkillsFuture Credit (Mid-Career Support) of $500. The One-Off SFC Top-Up and the Additional SkillsFuture Credit (Mid-Career Support) will both expire on 31 Dec 2025.  

Training Providers do not need to refund SFC to the individual if he/she has attended the course, regardless of whether the individual completes the course or fails the assessment.

No, claims that are approved will be deducted from the available balances based on this pre-determined sequence:

• First, from the time-limited one-off SkillsFuture Credit Top-up of $500, provided in 2020 to those 25 years and above. This allows individuals to utilise the top-up before it expires on 31 December 2025.

• Followed by the SkillsFuture Credit (Mid-Career) top-up, for courses that qualify for it; and

• Lastly, the SkillsFuture Credit base tier of $500, which can be used on a wider range of programmes.

The SkillsFuture Credit (Mid-Career) and SkillsFuture Credit base tier do not expire.

Launched in 2015, the SFC aims to encourage individual ownership of skills development and lifelong learning. All Singaporeans aged 25 and above will receive an opening SFC of $500 (“Opening SFC”). The opening credit will not expire and individuals can use their credit for a range of eligible courses listed on the MySkillsFuture portal.

On 1 October 2020, the Government provided a one-off SFC top-up of $500 for all eligible Singaporeans aged 25 or above by 31 December 2020. Termed the “One-Off SkillsFuture Credit Top-Up”, these credits will expire on 31 December 2025. At the same time, the Government also provided Singaporeans aged 40 to 60 (inclusive) as of 31 December 2020 an additional $500 credit [“Additional SkillsFuture Credit (Mid-Career Support)” which will also expire on 31 December 2025].

On 1 May 2024, the Government provided Singaporeans aged 40 and above an additional $4,000 credit (“SkillsFuture Credit (Mid-Career)”). At the same time, the Government lifted the expiry date of the Additional SkillsFuture Credit (Mid-Career Support), i.e., it will not expire when it reaches its maturity date on 31 December 2025. The remaining credit balance from the Additional SkillsFuture Credit (Mid-Career Support) will merge with the top-up of $4,000 to form the new SkillsFuture Credit (Mid-Career).

For example, if you are an individual aged 40 and above as of 1 May 2024, 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. Therefore, you will see a total of $4,200 in your SkillsFuture Credit (Mid-Career).  

SFC is administered by SkillsFuture Singapore (SSG).  

The SkillsFuture Level-Up Programme aims to strengthen support for mid-career Singaporeans aged 40 and above to pursue substantive reskilling and upskilling for a career reboot, and to stay relevant amidst a rapidly changing economy.  Under this scheme, Singaporeans aged 40 and above can expect:

a) A further substantial top-up of the SkillsFuture Credit (SFC);

b) Training Allowance to help ease the financial burden for mid-career Singaporeans when they take time off for full-time, long-form training; and

c) Support for Singaporeans who already have a publicly-funded diploma or higher qualification to obtain another publicly-funded diploma qualification.  

Singaporeans aged 40 and above as of 1 Jan 2024 received the SkillsFuture Credit (Mid-Career) top-up from 1 May 2024 and can use it thereafter.   

SFC is not a cash account and it will not earn any interest. SFC can be used to offset out-of-pocket course fees when attending approved courses. You cannot withdraw cash from this account to pay your Training Partner as the transactions will be made directly through MySkillsFuture.  

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.  

SFC is a broad-based initiative that encourages individual ownership of skills development and lifelong learning. Apart from the SFC, SkillsFuture Singapore (SSG) also provides substantial course fee subsidies, at up to 50% to 90%, for SSG-supported courses to all Singaporeans in the workforce. Singaporeans who are 40 years old and above can also enjoy higher subsidies of up to 90% of course fees for MOE- and SSG-supported courses under the current SkillsFuture Mid-Career Enhanced Subsidy.  

The Additional SkillsFuture Credit (Mid-Career Support) is a one-off SkillsFuture Credit of $500 provided on 1 October 2020 to every Singapore Citizen aged 40 to 60 (inclusive) as at 31 December 2020. This Additional SkillsFuture Credit (SFC) expires on 31 December 2025. The Additional SFC can be used for courses that fall in the four categories listed below, which are based on industry needs to help equip mid-career individuals with the relevant skills to enhance their employability: SkillsFuture Career Transition Programmes Courses delivered by SSG-appointed CET centres Courses that fulfil training requirements for Progressive Wage Model sectors Full qualification programmes by Institutes of Higher Learning as well as MOE subsidised full qualification courses by Nanyang Academy of Fine Arts and LASALLE College of the Arts.  

No. SFC cannot be converted into cash. It can only be used to pay for or offset the out-of-pocket course fees of approved courses.  

SFC can only be used for courses offered at selected private education institutes, such as Continuing Education and Training (CET) Centres appointed by SSG or other SSG-approved training organisations, and MOE-funded arts institutions such as LASALLE College of the Arts and Nanyang Academy of Fine Arts.