SkillsFuture Funding
Listed are the funding schemes available for IAL-offered programmes. To understand your eligibility, please click on the respective links below.
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What Is SkillsFuture Credit (SFC)?
Introduced in 2015, all Singaporeans aged 25 and above will receive an opening credit of S$500 with no expiration. From 1 Apr 2020, eligible Singaporeans can use their one-off SkillsFuture Credit top-up of $500. This top-up will expire on 31 Dec 2025. Only self-sponsored learners can use SFC to offset the course fee of SFC eligible courses offered by IAL.
Applicants will not be able to use the additional SkillsFuture Credit (Mid-Career Support) of $500 available from 1 Oct 2020, and the $4,000 top-up in 2024 for courses offered by IAL.
How Do I Use It?
To use your SFC credit for the eligible courses, you can apply by selecting the option via an on-screen prompt at the end of your registration via MyIAL.
Please note the submission period for your SFC claim via MySkillsFuture needs to be within 60 days before the course start date (date inclusive). If your course start date is more than 60 days from the date of SFC application, the SSG-SFC portal would reject your application. In this case, you would need to pay the full course fees at the end of your course application.
If you're making partial course fee payment (SFC + cash), please pay the balance at the payment page (via eNets/credit card (only VISA or MasterCard) by 11.59pm (Singapore Time) on the same day of registration or else your SFC application will be voided. For more information, click here.
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What Is SkillsFuture Mid-Career Enhanced Subsidy (MCES)?
Singaporeans aged 40 years old and above can receive up to 90% funding for programme fees of supported programmes.
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What Is Post-Secondary Education Account (PSEA)?
The Post-Secondary Education Account (PSEA) is part of the Post-Secondary Education Scheme which you may use to pay for eligible WSQ programmes.
How Do I Use It?
Instructions on registration for IAL courses using PSEA to offset fees
1. Check PSEA Balance
Check your PSEA balance to determine the amount to be used for offsetting the course fee. Any balance payment would have to be made by bank transfer when IAL staff contact you.
2. Proceed with Registration
Click on the selected schedule and proceed with the registration on MyIAL.
Important - Do not proceed to 'payment'
3. Make an adhoc PSEA withdrawal application
If you are applying using your own PSEA account, as a legal guardian, or with your sibling's PSEA, please complete and submit the PSEA eform1.
Once completed, email the submitted PSEA form to [email protected] and [email protected] with your course registration number in the email.
For applications using a sibling's PSEA, your sibling is required to authorise the application via Singpass within 7 calendar days. The Ministry of Education (MOE) will send the authorisation instructions to the email address provided for your sibling in the PSEA eForm1.
Please complete the above on the same day of application before 12:00 pm (Singapore Time) Monday to Friday except public holidays. If this is not done, your registration will be cancelled in the system. Should your PSEA application be rejected, please note that your registration for the IAL course will be cancelled.
