When I make a claim, can I select which SkillsFuture Credit (SFC) to use?
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.