IBF Funded Courses
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The Institute of Banking and Finance Singapore (IBF) Description
IBF Approved Courses
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This accreditation enables Singaporeans and Singapore PR holders to get a part of their course funded by the SSG. Subjected to the eligibility and funding caps, the funding support is up to 90% for Singaporeans and up to 80% for Singapore PR holders.
Course Fee Funding for Self-sponsored Individuals (as of 30 Apr 2021)
| Certifiable courses approved by SSG | Course level | Courses starting before 1 Jan 2022 | Courses starting on or after 1 Jan 2022 |
| Singapore Citizens (SCs) and Permanent Residents (PRs) (Self-sponsored individuals must be at least 21 years old) | PMET | Up to 50% of course fees, capped at $15 per hour | Up to 50% of course fees |
| Non-PMET | Up to 80% of course fees, capped at $17 per hour | ||
| SCs aged ≥ 40 years old (SkillsFuture Mid-career Enhanced Subsidy) | PMET | Up to 90% of course fees, capped at $50 per hour | Up to 70% of course fees |
| Non-PMET | Up to 90% of course fees, capped at $25 per hour |
To receive funding from SSG, you must meet the following criteria:
- Pass the course
- Achieve a minimum of 75% of the attendance
- Must not be barred from receiving government grants
- You may also be eligible for the course fee (CF) funding at the current rates offered by SkillsFuture Singapore (SSG). For more details, please refer to this page.
- Individuals aged 40 and above may also be eligible for the SkillsFuture Mid-Career Enhanced Subsidy (MCES). For more details, please refer to this page.
- Singaporeans may also use their SkillsFuture credit to offset course fees payable. For more details, please refer to this page.
Request More Information
Contact a programme advisor by calling
+65 6580 7700