Usage of SkillsFuture Credits at Private Education Institutes in 2023

Mr Leong Mun Wai asked the Minister for Education (a) what is the amount of the SkillsFuture Credit (SFC) used by Singaporeans for courses offered at private education institutes (PEIs) in 2023; (b) which are the top five PEIs receiving the SFC in 2023; and (c) what proportion of the SFC has been used at the PEIs in 2023.

Private Education Institutes (PEIs) are entities registered and regulated under the Private Education Act and Regulations. Registration under the Private Education Act is unrelated to SkillsFuture Credit.

Some PEIs separately qualify as SkillsFuture Singapore-supported training providers, offering Continuing Education and Training (CET) courses that are eligible for SkillsFuture Credit. In their capacity as CET providers, PEIs receive about 35% of the total approved SkillsFuture Credit claims by Singaporeans, which amounted to about $67 million.