Budget 2024 – SkillsFuture Credits

09/04/2024

The new SkillsFuture Level-Up Programme has been launched!!! This programme provides greater structural support for mid-career Singaporeans aged 40 years and above to pursue a substantive skills reboot and to stay relevant in a changing economy.

  • 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 around 7,000 selected courses that have better employability outcomes.
  • Singaporeans aged 40 and above are eligible for the Mid-Career Enhanced Subsidy (MCES), which covers up to 90% of course fees for courses funded by the Ministry of Education (MOE) and SkillsFuture Singapore (SSG).
  • 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).

More details can be found at Skillsfuture website.

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