Eligibility for Course Fee Funding
With support from the Singapore government, certified courses are made accessible without having to duel on the expenses. SkillsFuture Singapore (SSG) Funding allows Singaporeans and Singaporean Permanent Residences (SPRs) to take on certified courses at a subsided rate, through self-sponsored or company-sponsored training.
SkillsFuture funding shall be provided for courses offered by SSG-appointed Continuing Education and Training (CET) Centres and certifiable courses approved by SSG. Ace Industrial Academy Pte Ltd is an Approved Training Provider running certifiable courses approved by SSG. As such, Singaporeans and PRs are eligible for course fee funding on the approved WSQ courses.
Below are the options for SkillsFuture funding:
Option 1: Self-sponsored
| Certifiable Courses | Funding Support |
|---|---|
| SCs and PRs (Self-sponsored individuals must be at least 21 years old) | Up to 50% of course fees |
| SCs aged ≥ 40 years old (SkillsFuture Mid-career Enhanced Subsidy) | Up to 70% of course fees |
Option 2: Company-sponsored
| Certifiable Courses | Funding Support |
|---|---|
| Courses conducted by external training providers | |
| SCs and PRs | Up to 50% of course fees |
| SCs aged ≥ 40 years old (SkillsFuture Mid-career Enhanced Subsidy) | Up to 70% of course fees |
| SMEs (Enhanced Training Support for SMEs) | |
Employers that support the initiative for the transformation of their employees are eligible for SkillsFuture Enterprise Credit (SFEC) to invest in the upskilling and reskilling. Eligible employers will receive a one-off S$10,000 credit to cover the expenses on SFEC-supported programmes. SFEC can be used on WSQ courses offered by Ace Industrial Academy under the SkillsFuture Agency.
Additionally, employers are also eligible for absentee payroll funding when they send their employees for certifiable courses, capped at S$100,000 per year.
Table 2: Absentee Payroll Funding for SSG-approved courses for Employers(as of 12 Sep 2022)
| Singapore Citizens and Permanent Residents | Singapore Citizens aged 35 and above (or Persons with Special Needs aged 13 and above), Earning a monthly salary ≤ $2300 (Workfare Skills Support) | |
|---|---|---|
| Courses offered by SSG-appointed CET centres and SSG-supported certifiable courses | $4.50 per hour, capped at $100, 000 per enterprise per calendar year | 95% of hourly basic salary |
To check further on your eligibility for course fee funding, please approach the Ace Industrial Academy Pte Ltd training department.