Additional SkillsFuture Credit (Mid-Career Support)
What is the Additional SkillsFuture Credit (Mid-Career Support)?
On 1 October 2020, under the Additional SkillsFuture Credit (Mid-Career Support) scheme, a one-off SkillsFuture Credit top up of $500 was provided to every Singapore Citizen (SC) who was between the age of 40 to 60 (as of 31 December 2020). This is on top of the $500 SkillsFuture Credit top-up that was credited to SCs aged 25 and above as at 31 December 2020.
This top up aims to provide mature workers with reskilling and upskilling opportunities to remain relevant and competitive. This will also give individuals more course options to pivot to different sectors/job roles and upskill.
Enhanced Mid-Career Support with SKILLSFUTURE LEVEL UP PROGRAMME
- Support Course Fee
From 1 May 2024, the SkillsFuture Credit (Mid-Career) top-up of $4,000, which does not expire, can further offset out-of-pocket course fees for selected courses that have better employability outcomes. For more details, please visit the SkillsFuture Credit programme page.
From Academic Year 2025, Singaporeans will qualify for Mid-Career Enhanced Subsidy for another publicly-funded full-time Diploma from ITE (Technical/Technical Engineering Diploma), Polytechnics (via Direct Admissions Exercise) and Arts Institutions (NAFA, LASALLE). The list of full-time diplomas and application periods for admission can be found on the institutions’ websites.
- Financial Support For Full-time, Long-form Training
From early 2025, a new SkillsFuture Mid-Career Training Allowance will apply for selected full-time, long-form programmes.
The allowance will be based on 50% of one’s average income over the latest available 12-month period, capped at $3,000 a month, for up to 24 months over an individual’s lifetime.
More details will be available in Q4 2024.
Eligible Courses
- SkillsFuture Credit (Mid-Career) Top-Up:
Around 7,000 courses that support substantive upskilling and reskilling (the full list of eligible courses will be available on MySkillsFuture portal from 22 Apr 2024):
- Institutes of Higher Learning (IHL) full qualifications and shorter modules that stack to a full qualification
- MOE-subsidised full qualifications from the University of the Arts Singapore and Arts Institutions
- SkillsFuture Career Transition Programme (SCTP), which are train-and-place programmes in sectors with good hiring opportunities
- Courses aligned to training requirements in Progressive Wage Model (PWM) sectors
- Workplace Literacy and Numeracy courses
- Mid-Career Enhanced Subsidy for another publicly-funded full-time Diploma
Publicly-funded full-time Diploma at Polytechnics, Institute of Technical Education, and Arts Institutions (Nanyang Academy of Fine Arts and LASALLE College of the Arts)
- SkillsFuture Mid-Career Training Allowance
The full list of eligible courses will be available on MySkillsFuture portal at a later date. Eligible courses are curated high-quality programmes that facilitate good employment outcomes. These are:
- Full-time SkillsFuture Career Transition Programme;
- Full-time IHL full qualifications up to undergraduate degree-level; and
- Full-time MOE-subsidised full qualifications offered by University of the Arts Singapore and Arts Institutions (up to undergraduate degree-level).
Important FAQ
Q: I turned 40 in 2021. Will I receive the additional SkillsFuture Credit (Mid-Career Support)?
No, Only Singapore Citizens aged 40 to 60 after 31 Dec 2020 will be eligible to receive the top-up.
Q: I turned 61 in 2021. Can I still use my additional SkillsFuture Credit (Mid-Career Support)?
Yes. The top-up is for all eligible Singaporeans aged 40 to 60 as of 31 December 2020.
Q: When I make a claim, can I select which SkillsFuture Credit to use?
Deductions will first be made from the time-limited Credit before the opening credit (which does not expire).
Q: Can I use both my SkillsFuture Credit and the Top-Up SkillsFuture Credit (Mid-Career Support) for the same course?
Deductions will first be made from the time-limited Credit before the opening credit (which does not expire) for the same course.
If you are interested, see more FAQs on this topic.
Questions?
If you have any enquiries on Additional SkillsFuture Credit (Mid-Career Support), which courses are suitable for you and how you can apply, feel free to enquire.
