In today’s fast-paced world, lifelong learning is essential for staying competitive in the job market. As a Singaporean, chances are you’ve heard about SkillsFuture Credits. Let’s be honest, navigating how to use them can feel a bit overwhelming.
Don’t worry, though! This guide will walk you through everything you need to know about managing your SkillsFuture Credits, from checking your balance to claiming and refunding them.
Whether you’re looking to upskill, reskill, or just explore new opportunities, this guide will help you make the most of your SkillsFuture Credit. Let’s dive in!
First things first, what exactly are SkillsFuture Credits? It’s a government-funded initiative designed to support Singaporeans aged 25 and above in their lifelong learning journey.
Each eligible individual receives an initial credit of $500, which can be used to offset the cost of approved courses. The goal is to empower individuals like you to take charge of their skills development and stay relevant in a rapidly changing economy.
| Type of Support | Eligibility | Credit Amount | Expiry |
| Opening SkillsFuture Credit (Base Tier) | Singapore Citizens aged 25 and above |
$500
|
Does not expire |
| One-off SkillsFuture Credit Top-Up In 2020 (Base Tier) | Singapore Citizens aged 25 and above as of 2020 | $500 | Expires 31 Dec 2025 |
| SkillsFuture Credit Mid-Career Top-Up (Mid-Career Tier) | Singapore Citizens aged 40 and above | $4,000 |
Does not expire
|
(Source: SkillsFuture Singapore)
Here are a few SkillsFuture Credit updates you should know:
SkillsFuture Level-Up Programme Expansion
Enhanced Support for Lower-Wage Workers
With these updates in mind, now you can better plan your skills development and take advantage of the expanded resources available to you.
Let’s get into the next section.
Before you start planning about the courses you’ll take, you’ll want to check how much credit you have left. Keeping track of your SkillsFuture Credit balance and transaction history is crucial for effective planning.
Here’s how to check SkillsFuture Credit balance:
Singpass Log In
1. Log in to MySkillsFuture.gov.sg: Use your SingPass to access your account.
Available SkillsFuture Credit Balance
2. View your SkillsFuture Credit balance: The portal will display your current credit balance.
3. Check transaction history: You can also view a detailed history of all your SkillsFuture Credits transactions, including claims and refunds.
Why Monitoring is Important:
Claiming your SkillsFuture Credits is a straightforward process. Follow these steps on how to submit a claim:
1. Log in to MySkillsFuture.gov.sg: Use your SingPass to access the portal.
2. Initiate Your Claim:
3. Find Your Course: Search for your course by entering the Course Reference Number, Course Title, or Training Provider’s name.
4. Confirm Course Details: Select the specific ‘Course Run’ (if applicable) or manually enter the ‘Course Start Date’.
5. SCTP Declaration (If Applicable):
7. Complete and Upload: Fill in all required fields and upload the necessary supporting documents, such as official invoices, proof of payment, receipts, and course registration confirmations.
8. Review and Submit: Carefully review your claim, agree to the terms and conditions, and click ‘Submit’.
By following these steps, you can easily submit your SkillsFuture Credit claim and take the next step in your learning journey. To have a clearer picture of how to submit your claim, you can refer to this guide in the FAQ section under ‘How Do I Submit a Claim for SkillsFuture Credit’
Tips for Claiming:
Now that you’re clear on how to claim SkillsFuture Credits, the next natural question is: what courses can you use your SkillsFuture Credits for?
SkillsFuture Credits can be used for a wide range of courses, including but not limited to:
If you already have an interest in mind, let’s explore on how to search for courses that are eligible for SkillsFuture credits.
Embarking on your learning journey starts with discovering the perfect course. Here’s how to effectively search for eligible courses on the MySkillsFuture portal:
1. Visit MySkillsFuture.gov.sg: Start browsing for the courses that interest you.
2. Utilise the Search Function: Look for the prominent search bar. Here, you can enter keywords related to the skills you want to develop, your industry, or specific course titles.
3. Filter by SkillsFuture Credit Eligibility: This is crucial! Ensure you apply the filter to show only courses that accept SkillsFuture Credits. This will save you time and ensure you’re looking at relevant options.
4. Explore Course Details: Click on courses that pique your interest to delve deeper into the curriculum, learning outcomes, and training provider details.
5. Read Reviews and Ratings: If available, take advantage of user reviews and ratings to gauge the quality of the course.
6. Compare and Shortlist: Create a shortlist of courses that align with your goals and compare them based on factors such as cost, duration, and learning format.
7. Consider SkillsFuture Advice: If you’re unsure where to start, explore the SkillsFuture Advice section on the portal for personalised recommendations and career guidance.
Pro Tip: Regularly check the MySkillsFuture portal as new courses are frequently added.
By following these steps, you’ll be well on your way to finding the ideal SkillsFuture Credit-eligible course to enhance your skills and advance your career.
While planning is key, sometimes circumstances change. Let’s move on to the next section to learn more about submitting a late claim or appeal.
If you miss the deadline to claim your SkillsFuture Credits, you may still be able to submit a late claim or appeal. Here’s how:
Tips for Successful Appeals:
Beyond claims and appeals, it’s also important to understand the procedures for refunds and canceling claims.
Life can be unpredictable, and you may need to cancel a course or request a refund. Here’s what you need to know:
To get started with your SkillsFuture Credits refund process, follow these steps:
Important Note: Please be aware that once you have successfully submitted your refund payment, you cannot initiate any further refunds for that particular claim.
Ensure you are certain of your refund request before proceeding!
Cancelling a SkillsFuture Credit claim is a straightforward procedure, here’s how:
Important Considerations for Cancellation:
You can only cancel a SkillsFuture Credit claim under specific circumstances. These include:
Refunds may take some time to process, so plan accordingly. Ensure you cancel your claim before the course starts to avoid complications.
To make the most of your SkillsFuture Credits, consider the following tips:
With these actionable tips, you’ll be able to utilise your SkillsFuture Credits effectively and make strategic decisions that align with your career goals.
Managing your SkillsFuture Credits effectively is key to making the most of your lifelong learning opportunities. By understanding how to check your balance, claim credits, and handle refunds, you can take full advantage of this valuable resource.
With this guide, you’ll be well-equipped to manage your SkillsFuture Credits and invest in your future.
If you require more information on how to check, claim and refund your SkillsFuture Credits, visit MySkillsFuture FAQ section.
@ASK Training offers a wide range of courses from Digital Marketing and IT to Microsoft Office that are eligible for SkillsFuture funding and to utilise your SkillsFuture Credit.
Alternatively, if you’re considering a career switch, explore our SkillsFuture Career Transition Programme (SCTP) and discover how you can upskill, reskill, and transition into a new industry with confidence.
Get in touch with us to learn more about which courses catch your interest!
Happy learning!
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