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.
Updates: Increase in Courses Eligible for Additional SkillsFuture Credit (Mid-Career Support)
As of 1 June 2022, you can now use your top-up credit for more upskilling opportunities with the course eligibility expanded to include:
- Courses delivered by SSG-appointed CET centers
- Courses that fulfil training requirements for Progressive Wage Model sectors
- Full qualification programmes delivered by Institutes of Higher Learning as well as MOE-subsidised full qualification courses offered by Nanyang Academy of Fine Arts and LASALLE College of the Arts
For comparison, around 350 courses were eligible for this SkillsFuture Credit Top-Up in 2021. In 2022, the number of eligible courses has been increased to an estimate of more than 7,000 courses.
Important FAQ
Q: I turned 40 in 2021. Will I receive the additional SkillsFuture Credit (Mid-Career Support)?
Singapore Citizens aged 40 to 60 after 31 Dec 2020 will not 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.
