SkillsFuture Credit Usage towards Professional Licensure or Examination Fees

Mr David Hoe asked the Minister for Education (a) whether the $4,000 SkillsFuture Credit (Mid-Career) can be used for professional licensure or examination fees; (b) if not, what is the rationale; and (c) whether the Ministry will consider piloting a capped, outcomes-based list of employability-critical exams eligible for SkillsFuture Credit.

Today, the SkillsFuture Credit (Mid-Career) of $4,000 can be used only for training fees and cannot be used to offset professional examination fees, as our key focus is to encourage take-up of substantive training among mid-career Singaporeans.

We have extended the SkillsFuture Credit base tier, which comprises the opening credit of $500 and a one-off top-up of $500 in 2020, to cover about 360 examination-only certifications. These certifications are recognised by the industry and supported by the relevant public agency overseeing the sector.

We will continue to review how the SkillsFuture Credit can support industry-relevant training and certifications.