Singapore Tools

SkillsFuture Credit Estimator

Singapore has the most layered training-funding regime in the region. This page maps which scheme applies to which scenario, so HR teams know what to claim before committing to a course.

SchemeWho qualifiesWhat it coversCap
SkillsFuture CreditOfficial source ↗Singapore Citizens aged 25+Individual credit to offset course feesS$500 baseline + periodic top-ups
SkillsFuture Enterprise Credit (SFEC)Official source ↗Qualifying SMEs90% subsidy on eligible workforce transformation incl. trainingS$10,000 per qualifying employer
Enhanced Training Support for SMEs (ETSS)SMEs sending SC/PR employees on SSG coursesCourse-fee subsidy enhancementUp to 90% of course fees
Absentee Payroll (AP)SMEs (SC/PR employees in training)Reimbursement of basic salary during training hours80% of hourly basic salary, capped at S$4.50/hr
Career Conversion Programme (CCP)Official source ↗Mid-career hires moving into new sectorsSalary support during reskillingUp to 70-90% salary support, programme-dependent

Worked example — SME upskilling 5 SC employees

A 40-person SME sends 5 Singapore Citizen employees on an SSG-approved 3-day course listed at S$1,800 per pax (S$9,000 total).

  • SSG + ETSS subsidy: Up to 90% of course fee. Net employer cost: ~S$900 (10% of S$9,000).
  • Absentee Payroll: 80% × hourly basic × 24 hours (3 days × 8) capped at S$4.50/hr. Maximum AP across 5 staff: 5 × 24 × S$4.50 = S$540.
  • Net cost to employer: Course (S$900) less AP reimbursement (S$540) = S$360 net for 5 employees attending a 3-day programme.

Worked example uses 2026 published rates; actual outcome depends on the specific course’s SSG-funded status and your SME classification.

Important caveats

  • Course must be on the SSG-funded list at the time of enrolment.
  • Employee must be a Singapore Citizen or PR for full subsidy access.
  • SME classification is tested on revenue and headcount — verify with EnterpriseSG.
  • AP funding requires training during normal working hours.

See the resource article on SkillsFuture Credit and Employer Funding in Singapore for deeper context, then browse SG providers at findtraining.com/sg.