What is SkillsFuture Study Awards: What You Need to Know

Source: vulcanpost.com

By this time, everyone already knows how to claim their SkillsFuture Credit. But a recent headline in The Straits Times on the SkillsFuture Study Awards has generated a lot of interest among people who want to jumpstart their career with part-time diploma courses in Singapore.

What is the SkillsFuture Study Awards?

The SkillsFuture Study Awards is one of the sub-programmes in the SkillsFuture initiative. Much like the main programme, the awards goal is to enable Singaporeans to develop and, particularly, deepen specialist skills in various competencies.

The keyword here is "SPECIALIST". Because specialist training is more advanced and definitely more expensive, the award aims to give Singaporeans who are in their early to mid-career states an additional monetary award of $5,000 as defrayment for out-of-pocket expenses in the courses that they are taking. This amount can even be used in courses with government subsidies.

Who Are Eligible to Apply for the SkillsFuture Study Awards?

Unlike the SkillsFuture Credit which is for all Singaporeans, the SkillsFuture Study Awards targets very specific sectors. If you happen to be working in the sectors listed below, you can download the application forms via the links below:

• Accountancy Sector | Singapore Accountancy Commission (SAC)
• Air Transport Sector | Civil Aviation Authority of Singapore (CAAS)
• Built Environment Sector | Building and Construction Authority (BCA)
• Design Sector | DesignSingapore Council (Dsg)
• Disability Employment Professionals | SG Enable (SGE)
• Early Childhood Sector | Early Childhood Development Agency (ECDA)
• Financial Sector | Monetary Authority of Singapore (MAS)
• Food Services Sector | SPRING Singapore (SPRING)
• Healthcare Sector | Ministry of Health (MOH)
• Infocomm Technology Sector | Infocomm Media Development Authority (IMDA)
• International Business | International Enterprise Singapore (IE Singapore)
• Land Transport Sector | Land Transport Authority (LTA)
• Logistics Sector | Economic Development Board (EDB)
• Maritime Sector | Maritime and Port Authority of Singapore (MPA)
• Media Sector | Infocomm Media Development Authority (IMDA)

• Persons with Disabilities | SG Enable (SGE)
• Power Sector | Energy Market Authority (EMA)
• Precision Engineering Sector | Economic Development Board (EDB)
• Private Security Sector | Ministry of Home Affairs (MHA)
• Retail Sector | SPRING Singapore (SPRING)
• Social Service Sector | National Council of Social Service (NCSS)

Just this October 2016, the Singapore Tourism Board announced the launching of the SkillsFuture Study Awards for the Tourism Sector, which includes the following:

• Meeting, Incentive, Convention, and Exhibition (MICE) Sector | Singapore Tourism Board (STB)
• Tourist Guide Sector | Singapore Tourism Board (STB)
• Travel Agent Sector | Singapore Tourism Board (STB)

Since October 2015, over 500 study awards were given to eligible individuals. It is the initiative’s goal to give 2,000 awards in the near future.

Seize the opportunity to apply for the SkillsFuture Study Awards. It’s HUGE savings for getting an invaluable education!