More than 25, 000 Singaporeans who received the S$ 4, 000 top-up in SkillsFuture credits last year have used them, according to Minister of State for Education and Manpower Gan Siow Huang on Wednesday ( January 8 ).
In May 2024, Singaporeans aged 40 and above received an additional S$ 4, 000 , ( US$ 2, 930 ) in SkillsFuture credits. When they reach the age of 40, younger Singaporeans will get the same sum.  ,
Responding to political questions, Ms Gan noted that between May and November 2024, the bottom area of education was in information and communication technologies, including skills like online marketing and data representation.  ,
Courses in protection and analysis, as well as wholesale and retail industry, were likewise favorite, she added. More than 7, 000 programs are available to be used with the S$ 4, 000 mid-career funds.  ,
Major education providers included NTUC LearningHub and institutions of higher learning, according to Ms. Gan.  ,
Since the start of the SkillsFuture program, the training membership price of people, including those sponsored by their businesses, has increased from 35 per cent in 2015 to about 50 per share in 2022.  ,
About one in three Singapore had used their SkillsFuture certificates as of March 2024. Close to 40 per cent of Singaporeans in their 30s had used their base S$ 500 credits, compared with 25 per cent of those aged 60 and above, said the Ministry of Education ( MOE ) at the time.
SkillsFuture Singapore has been “quite watchful” in curating the 7, 000 programs available to be used with the mid-career funds, said Ms Gan.  ,
These programs are known to have better employment outcomes, as evidenced by comments from employers as well as from participants who have taken the course and who have reported finding it to be beneficial for their careers, she continued.  ,