MAS will enhance course fee subsidies for locals attending accredited or recognised courses up to 90%. This existing scheme will also be expanded to include workers in eligible FinTech firms.
|Enhanced Funding Support|
|Funding Quantum||90% of direct training cost for training programmes commencing between 8 April 2020 and 31 December 2021 (both dates inclusive).
80% of direct training cost for training programmes commencing between 1 January 2022 and 30 June 2022 (both dates inclusive). For Singapore Citizens aged 40 years old and above will be eligible for 90% co-funding of direct training costs.
|Companies eligible to submit claims for company-sponsored participants||