Funding Support 2019

There are currently 4 types of funding available for prospective course participants with KapitalMinds. They are:

 

  1. Workforce Singapore WSG Training Support (Company Sponsored)
  2. SkillsFuture Singapore SSG Credits (Self-Sponsored)
  3. NTUC UTAP (for NTUC Members)
  4. MOE PSEA (for all eligible Singaporeans till age 30)

1. Workforce Singapore (WSG) Training Support are available for companies who sponsor their employees for courses. Funding for companies can be up to 90% of the course fee. Financial advisors and insurance agents can go through your Manager or Director to qualify for WSG Training Support. For more details on WSG funding, please visit: https://www.ssg.gov.sg/programmes-and-initiatives/funding/funding-for-employer-based-training.html

 

2. SkillsFuture Singapore (SSG) Credits are available for self-sponsored course participants to fund up to 50% on their course fees. For more details on SSG funding, please visit: https://www.myskillsfuture.sg/content/portal/en/training-exchange/course-directory.html?q=KAPITALMINDS PTE. LTD

 

3. NTUC Union Training Assistance Programme (UTAP) is open for NTUC member only. Members can enjoy 50% unfunded course fee support up to $250 limit each year. It can cover outstanding amounts payable after WSG and SSG funding. Please signup here 1 month* before class starts if you intend to utilise UTAP funding (*as NTUC membership only begins 1st of the following month upon successful signup). For more details on UTAP funding, please visit: http://skillsupgrade.ntuc.org.sg

 

4. Post-Secondary Education Account (PSEA) is available to all Singapore Citizens until the age of 30, to provide support for Singaporeans who may choose to take up post-secondary education at a later stage. As our courses are PSEA approved, course participants may use their PSEA funds to pay for the course fees. To check your PSEA balance, you can call the 24-hour automated PSEA hotline at 62600777. To download the PSEA ad-hoc withdrawal form, please click here. For the list of FAQs on PSEA, please visit: https://va.ecitizen.gov.sg/cfp/customerPages/moe/explorefaq.aspx?Category=3665

 

 

Typically, the amount of funding grant will vary based on:

  • Singaporean or a Permanent Resident
  • your age
  • your income
  • your mode of sponsorship

 

Call us at 6100 3151 to find out how much funding and grants you can qualify for!

Don’t forget to check out our upcoming classes too! https://www.kapitalminds.com/class-schedule

 

(Last Updated: 23 April 2019)