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SkillsFuture Credits

Last Updated: 07 Nov 2022

News Parliamentary Replies

Name and Constituency of Member of Parliament

Mr Leon Perera, Aljunied GRC

Question

To ask the Minister for Education (a) to date, what is the number of citizens who have used their SkillsFuture credits, with a breakdown by age; (b) what is the feedback from those who have used their SkillsFuture credits as to the effectiveness and value of the training they have undergone; (c) what type of courses have workers attended using their SkillsFuture credits; and (d) what is the data on their subsequent employment outcomes as a result.

Response

  1. Since the introduction of the SkillsFuture Credit in 2015, more than 840,000 Singapore Citizens, or around 30% of eligible Singaporeans, have utilised their SFC. Among the various age groups, those is their 30s have the highest rate of using their SkillFuture Credit. The utilisation of the SkillsFuture Credit for those in their 30s is 36%, while the utilisation for those in their 40s and 50s is at 33% and 30% respectively.
  2. The SkillsFuture Credit can be used to offset the fees for a wide range of approved skills-related courses, after government course fee subsidies have been applied. Courses related to the Food and Beverage, Information and Communications, Security and Investigation sectors are the most popular amongst SFC users. Post-course feedback on the quality and training outcomes of courses funded by SkillsFuture Singapore (SSG) has been positive. In 2021, 96% of the trainees surveyed indicated that they were able to perform better at work after undergoing SSG-funded training and 90% of trainees also took on more or new job responsibilities.
  3. Amongst those who used the SkillsFuture Credit for SGUS and SGUP-CT programmes that were introduced in the last two years, the employment outcomes were also generally positive. As at March 2022, 65% of the trainees (~6,700 trainees) have found employment after their programme.