What is SkillsFuture Funding?
What is SkillsFuture Mid-Career Enhanced Subsidy?
The SkillsFuture Mid-Career Enhanced Subsidy recognises that mid-career Singaporeans may face more significant challenges in undertaking training. It provides additional subsidies to encourage you to upskill and reskill to adapt to changing job requirements.
What is SkillsFuture Credit?
SkillsFuture Credit aims to encourage individual ownership of skills development and lifelong learning.
Introduced in 2015, all Singaporeans aged 25 and above will receive an opening credit of S$500. Learn more about the SkillsFuture Credit Scheme.
From 1 April 2020, eligible Singaporeans can start using their one-off SkillsFuture Credit top-up. A one-off SkillsFuture Credit top-up of $500 will be provided to every Singapore Citizen aged 25 years and above. In 2024, there will be an additional $4,000 top-up.
The funding is also applicable for CM-5 Blended Learning.
What is the CM-5000 Course?
The Crisis Management Expert Implementer course, coded CM-5000, is the most comprehensive course providing the three-level competencies "Know-Do-Manage."
This course is available as Blended Learning (100% Online) and Hybrid Learning (50% Online for Modules 1 and 2 with 50% onsite for Modules 3 and 4).
It grounds the participants with CM fundamentals and progressive work.
Read more about the Most Comprehensive Crisis Management Expert Level [CM-5000] Course offered by BCM Institute. This course introduces the essential steps of developing CM strategies and teaches designing and implementing CM plans.
Am I Eligible for SkillsFuture Funding?
All Singaporeans and Singapore Permanent Residents (PRs) are eligible for SkillsFuture funding.
Course Fee
The course fee before funding is Singapore Dollar SGD 3,850. This pricing applies to all participants globally.
Training Grant Available
The grant is applicable for both individual and corporate-sponsored. The tables below provide a detailed breakdown of the funding support for:
- Self-sponsored applicants; and
- Company-sponsored applicants.
Grants for Self-sponsored Applicants
Criteria | Funding support | Fee Payable |
Singaporeans / PRs 40 years old and above |
Up to 70% of nett payable course fees capped at SGD 3,000 per trainee |
Funding amount: SGD 2,695 Course fee payable after funding: SGD 1,155 |
Singaporeans / PRs 39 years and below |
Up to 50% of nett payable course fees capped at SGD 3,000 |
Funding amount: SGD 1,925 Course fee payable after funding: SGD 1,925 |
Grants for Company-sponsored Applicants
Criteria | Funding support | Fee Payable |
SMEs Up to 70% of nett payable course fees capped at |
Funding amount: Course fee payable after funding: SGD 1,155 |
|
Non-SMEs Up to 50% of nett payable course fees capped at |
Funding amount: Course fee payable after funding: SGD 1,925 |
Post-secondary Education Account (PSEA)
The Post-Secondary Education Account (PSEA) is part of the Post-Secondary Education Scheme, which helps pay for Singaporeans' post-secondary education. You may use the funds to pay the course fee.
Claim After SkillsFuture Credit [Applied to Blended Learning]
After SkillsFuture Funding, you are looking at paying:
- SGD 1,155 (Above 40 years of age)
- SGD 1,925 (Below 39 years of age)
Claim for SkillsFuture Funding
Note that all participants must only pay the net fees after receiving funding.
Frequently Asked Questions?
These are some of the questions potential participants often ask about competency-based training (with SkillsFuture funding from the Singapore government).
Click the button below to learn more about SkillsFuture funding and all other SkillsFuture Funding requirements.
Find out more about Blended Learning [BL] or Hybrid Learning [HL] for CM-5000 and CM-300
Please feel free to send us a note if you have any of these questions. |