126,000 Singaporeans used SkillsFuture Credit in its first year

According to a press release issued yesterday, more than 126,000 Singaporeans have used the SkillsFuture Credit in the first year of this scheme. It also showed that there is a good spread of users in different age groups, where average utilisation was highest among Singaporeans aged 25 to 29 at almost $400 per person.

Most Singaporeans are also pursuing training in the information and communications technology (ICT) industry, with it being the most popular area of training across all age groups. Younger Singaporeans are seen enrolling in emerging ICT skills such as data analytics, while older Singaporeans invested in more fundamental ICT skills such as using the basic functions of a computer.

Other popular areas of SkillsFuture training include language skills, productivity and innovation, and security and investigation.

Not only that, the number of training courses eligible for the SkillsFuture Credit has also increased from more than 10,000 in January 2016 to over 18,000 by December 2016. These courses are provided by over 700 training providers, including SIM University, National University of Singapore, Singapore Polytechnic and more.

SkillsFuture Singapore also stated that it will continue to identify and bring on board high-quality training providers, such as INSEAD, Udacity and edX, all of which will be providing courses eligible for the SkillsFuture Credit within the next few months.

Chart/ SkillsFuture

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