Friday, 24 November 2017

Everything You Must Know About Using SkillsFuture Credit

SkillsFuture initiative is one of the most progressive and useful initiatives started by the Singaporean Government to help the citizens of the country in developing their skills. The initiative provides credits and subsidies to help Singaporeans enhance their skills and knowledge without spending too much from their pockets.

The government even goes as far as topping-up their SkillsFuture Credit every year to help them in improving their skills and grabbing career opportunities. If you haven’t heard or read about this initiative, then read on to understand more and how it can be helpful in choosing the right career path:

What is the Concept Behind SkillsFuture?

SkillsFuture is an initiative and a national movement started by Singaporean government to offer full support to Singaporeans to realise their fullest potential. The initiative empowers Singaporeans to decide the areas, skills, and domains in which they wish to enhance their skills and embrace lifelong learning.

How SkillsFuture Credit is Helpful?

The SkillsFuture Credit programme is one of the major supports to SkillsFuture movement. As per SkillsFuture Credit scheme, all Singaporeans, who are at least 25 of age or above, are eligible to receive an opening credit of S$500 in the SkillsFuture account. The best thing about this credit is that it does not expire lifelong and Singaporeans can utilize it to pay the fees of the courses they wish to commence.

As an additional support, the Singapore Government provides periodic top-ups to recharge one’s SkillsFuture Credit amount to help the citizens in besting their skills. Since these credits do not expire, it would not be wrong to say that Singaporeans can accumulate the credit that has been added to their accounts and sum up multiple credits to pay for advanced skills-related courses.

Which Courses Allow the Use of SkillsFuture Credit?

There are plenty of universities and institutes that offer wide range of diploma programmes and SkillsFuture credit courses to help Singaporeans in honing their skills. The best way to find the course that you want or think might benefit you the most is to check out the government run website covering all the latest SkillsFuture credit courses that they will now pay for. Connect with the institutes to know more about the course and its curriculum, before enrolling yourself for the course.

If you’re interested in signing up for a course with your SkillsFuture Credit, then explore the web to know the list of partnered institutes.

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