Funding and Subsidies

SkillsFuture Singapore Funding

As SkillsFuture Singapore Approved Training Organisations, courses offered at First Media Academy (FMA) and First Media Design School (FMDS) are eligible for a range of government-aided fundings to alleviate training costs for Singaporeans, PRs and especially Companies.

Courses offered at our academy are eligible for the following financial schemes.

 

Funding Categories

All courses offered at First Media Design School and First Media Academy are eligible for the following fundings:

  • SkillsFuture Course Fee Subsidies
  • SkillsFuture Credit (SFC)
  • Post-Secondary Education Account (PSEA)
  • SkillsFuture Enterprise Credit

CORPORATE SPONSORED PARTICIPANTS (SMALL & MEDIUM ENTERPRISES)

  • 90% off course fees
  • Absentee payroll of up to $10 per hour of lesson attended (valid for FY 2020)
  • $10,000 SkillsFuture Enterprise Credit (SFEC), to offset 90% of out of pocket training expenses
  • For more information about SkillsFuture Enterprise Credit, please click here

CORPORATE SPONSORED PARTICIPANTS (NON-SME)

  • $15 per hour off course fees
  • Absentee payroll of up to $4.50 per hour of lesson attended
  • $10,000 SkillsFuture Enterprise Credit, to offset 90% of out of pocket training expenses
  • For more information about SkillsFuture Enterprise Credit, please click here

Singaporeans Age 21 - 39 / PRs

  • $15 per hour off course fees
  • $500 SkillsFuture Credit deduction

SKILLSFUTURE MID-CAREER ENHANCED SUBSIDIES

  • Singaporeans aged 40 and above
  • 90% off course fees

SKILLSFUTURE CREDIT

  • $500 course fee credit deduction for Singaporeans aged above 25
  • For more information about SkillsFuture Credit, please click here

SKILLSFUTURE ENTERPRISE CREDIT

  • One off $10,000 credit for companies to cover up to 90% out of pocket expenses related to training
  • For more information about SkillsFuture Enterprise Credit, please click here