From 1 April 2020, the Institutes of Higher Learning (IHLs) and NTUC LearningHub will be coming forward to enable all eligible Singapore Citizens aged 25 years and above to have advance access to their one-off SkillsFuture Credit top-up of $500. The top-up was announced in Budget 2020. This is ahead of SkillsFuture Singapore’s official implementation date of 1 October. The advance access will enable Singapore Citizens to use their SkillsFuture Credit top-up immediately to pick up job-relevant skills to boost their employability in view of the current challenging economic conditions due to COVID-19.
More than 8,000 training courses offered by the IHLs and NTUC LearningHub will be eligible for advance use of the SkillsFuture Credit top-up. These include industry-oriented courses under the SkillsFuture Series, such as Cyber Compliance, Data Analytics and Digital Marketing. It will also include generic skills such as digital literacy, productivity and communication skills.
Singapore Citizens can conveniently browse for these courses in the new ‘Advance Use of SkillsFuture Top-up’ category on the MySkillsFuture portal. They can also approach participating IHLs listed in Annex A and NTUC LearningHub.
The advance access does not apply to the Additional SkillsFuture Credit (Mid-Career Support) of $500 that is provided to Singapore Citizens aged 40 to 60 in 2020.
“We are thankful that the Institutes of Higher Learning and NTUC LearningHub have come forward to partner SkillsFuture Singapore in allowing Singaporeans to use their SkillsFuture Credit top-up early, starting from 1 April. This makes it easier for Singaporeans to access more than 8,000 courses in priority and emerging skills. This is much needed support to Singaporeans amidst the current economic uncertainties.,” said Mr Ong Tze-Ch’in, Chief Executive of SkillsFuture Singapore.