The Singapore Workforce Development Agency (WDA) said the credit covers all the key industries including 57 functional areas.
This was recently announced by the Acting Minister for Education (Higher Education and Skills) Ong Ye Kung at the Lifelong Learning Festival.
The credit will be available for those over the age of 25, and they will receive the $500 in their SkillsFuture Credit account.
Singaporeans will be able to access their account to use their credit for courses that commence on or after 1 January 2016.
It’s also in the month of January that the eligible Singaporeans will receive their SkillsFuture Credit account activation letter.
Moreover, the credit never expires and periodic top-ups will be available in the future by the government. Therefore, Singaporeans don’t have to be in a hurry to use it.
The Chief Executive of the WDA Ng Cher Pong said the initiative is an important step towards building a culture of lifelong learning in the Singaporean workforce.
“Lifelong learning is essential for skills deepening and mastery, and the SkillsFuture Credit supports Singaporeans on their lifelong learning journeys,” he said.
“WDA will continue to work closely with both training providers and government agencies to expand the list of quality approved courses which Singaporeans can use their SkillsFuture Credit on.”
The list of approved courses include:
- Courses subsidised or approved by WDA
- Selected courses offered by the Ministry of Education (MOE) – funded institutions
- Courses supported by public agencies
- SkillsFuture@PA courses offered by the People’s Association and courses offered by the Infocomm Development Authority’s participating Silver Infocomm Junctions
In the last couple of days a preview of the approved courses has gone up on the SkillsFuture website.
From January 2016, Singaporeans will receive $500 credit for any of about 10,000 approved skills-related courses.