- IBF Standards Training Scheme (STS)
- SkillsFuture Credit – Singapore
- Union Training Assistance Programme (UTAP)
- CITREP+ Singapore
IBF Standards Training Scheme (STS)
The IBF Standards Training Scheme ("IBF-STS") provides funding for training and assessment programmes accredited under the Skills Framework for Financial Services.
About IBF Certification
IBF-STS approved courses address the following Technical Skills and Competencies (TSCs) and proficiency level:
- <TSC and its corresponding proficiency level>
Participants are encouraged to access the IBF MySkills Portfolio (https://www.ibf.org.sg/programmes/Pages/MySkills-Portfolio.aspx) to track their training progress and skills acquisition against the Skills Framework for Financial Services.
You can apply for IBF Certification after fulfilling the required number of Technical Skills and Competencies (TSCs) for the selected job role
Find out more about IBF certification and the application process on https://www.ibf.org.sg/certification/Pages/Why-be-Certified.aspx
To view IBF Certification Video.
Courses available under IBF-STS Funding:
Enterprise Architecture Skillsets
- Certificate of Fundamental Understanding in Aligning IT with Business (Business IT Architecture Fundamental training)
- Associate Certificate in Business Technology Strategy (Business Technology Strategy training)
- IASA Foundation Certified (Architecture Core Training)
- Associate Certificate in Infrastructure Architecture (Infrastructure Architecture training)
- Associate Certificate in Solution Architecture (Solution Architecture Training)
- Associate Certificate in Business Architecture (Business Architecture Training)
- Associate Certificate in Software Architecture (Software Architecture Training)
- Associate Certificate in Information Architecture (Information Architecture Training)
- TOGAF® 9
- ArchiMate 3 Foundation and Practitioner
(1) Enhanced Funding Support for IBF-STS
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 |
For training programmes commencing between 8 April 2020 and 31 December 2021 (both dates inclusive):
For training programmes commencing between 1 January 2022 and 30 June 2022 (both dates inclusive):
For training programmes commencing 1 July 2022:
|
|
Grant Cap |
S$7,000 per participant per programme |
|
Training Grant Allowance (TAG) |
Only available for training programmes commencing between 8 April 2020 and 30 June 2022 (both dates inclusive) and completed no later than 30 September 2022 |
|
Eligible Individuals# |
|
|
Companies eligible to submit claims for company-sponsored participants^ |
|
(2) Training Allowance Grant
The Training Allowance Grant (TAG) aims to help Financial Institutions and FinTech firms manage manpower costs and support the skills upgrade of their employees.
| | Company Sponsored Participants | |
| Grant Amount | S$15/hour of eligible training and assessment hours | S$10/hour of eligible training and assessment hours |
| Eligible STS Courses |
|
|
| Eligible Participants | - Singapore Citizens or Singapore Permanent Residents, physically based in Singapore | - Singapore Citizens or Singapore Permanent Residents, physically based in Singapore |
Submission of Claims
For details on the claims submission process, please click here
Financial Institutions and FinTech firms may email their queries to [email protected]
For enquiries, please contact us at (65) 6386 0331 / 32
Email: [email protected]
SkillsFuture Credit aims to encourage individual ownership of skills development and lifelong learning.
The outstanding 10% of the courses below can be paid by this Skills Future credit:
Enterprise Architecture Skillsets
- Certificate of Fundamental Understanding in Aligning IT with Business (Business IT Architecture Fundamental training)
- Associate Certificate in Business Technology Strategy (Business Technology Strategy training)
- IASA Foundation Certified (Architecture Core Training)
- Associate Certificate in Infrastructure Architecture (Infrastructure Architecture training)
- Associate Certificate in Solution Architecture (Solution Architecture Training)
- Associate Certificate in Business Architecture (Business Architecture Training)
- Associate Certificate in Software Architecture (Software Architecture Training)
- TOGAF® 9
- ArchiMate 3 Foundation and Practitioner
Visit the SkillsFuture Credit website for more information.
For enquiries, please contact us at (65) 6386 0331 / 32
Email: [email protected]
Under UTAP, NTUC members enjoy 50% unfunded course fee support, capped at $250 or $500 (aged 40 years old and above; this will apply from 1 July 2020 to 31 December 2022) each year when you sign up for courses supported under UTAP. This excludes miscellaneous fees such as SkillsFuture Credit, other subsidies and registration fees, etc.
Members Eligibility for UTAP Application
Please note that members are required to fulfill the following conditions to be eligible for UTAP reimbursement:
- Paid-up union membership before course commencement, throughout the whole course duration, and at the point of claim
- Course by training provider must be supported under UTAP, and training must commence within the supported period
- The course must not be funded through company sponsorship or other types of funding
- Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any
- UTAP application must be submitted within 6 months after course completion
For Trainees who would want to use both SkillsFuture Credit and UTAP funds, the course fee will be offset using the SkillsFuture Credit first. Only then Trainees can claim up to 50% of the remaining fees from UTAP.
List of UTAP Supported Courses
Our courses have been listed on UPortal and NTUC members can now start to apply UTAP within 6 months from the course end date
Check out other Regional Training Schedules or Learning Certifications
Visit the UTAP website for more information.
Email: [email protected]
*Up to 90% CITREP+ funding support available for
Enterprise Architecture Certification Training Programmes
(Validity: TBA)CITREP+ is a programme under the TechSkills Accelerator (TeSA) – an initiative of SkillsFuture, driven by InfocommMedia Development Authority (IMDA) and in partnership with strategic partners; Workforce Singapore (WSG) and SkillsFuture Singapore (SSG), as well as collaboration with industry partners and hiring employers. TeSA offers various programmes to support professionals to upgrade and acquire new infocommtechnology (ICT) skills and domain knowledge that are in demand, and to stay competitive and meet the challenges of a fast-moving digital landscape.
| Category | Type | Singapore Citizen | Permanent Resident (with effect from 1 August 2017) |
||
| Training Course and Certification | Certification Only | Training Course and Certification | Certification Only | ||
| Organisation-Sponsored | Non SMEs | Up to 70% of the nett payable course and certification fees, capped at $3,000 per trainee | Up to 70% of the nett payable certification fees, capped at $500 per trainee | Up to 70% of the nett payable course and certification fees, capped at $3,000 per trainee | Up to 70% of the nett payable Certification fees, capped at $500 per trainee |
| SMEs | Up to 90% of the nett payable course and Certification fees, capped at $3,000 per trainee | ||||
| Professionals (40 years old and above) | |||||
| Self-Sponsored | Professionals | Up to 70% of the nett payable course and certification fees, capped at $3,000 per trainee | Up to 70% of the nett payable certification fees, capped at $500 per trainee |
Up to 70% of the nett payable course and certification fees, capped at $3,000 per trainee | Up to 70% of the nett payable certification fees, capped at $500 per trainee |
| Professionals (40 years old and above) | Up to 90% of the nett payable course and certification fees, capped at $3,000 per trainee |
||||
List of Citrep+ Supported Courses:
ITIL4®
- ITIL4® Foundation Certification
Terms and conditions apply. Please visit www.imtalent.sg/citrep for full details.
For enquiries, please contact us at (65) 6386 0331 / 32
Email: [email protected]