Self-SG-40more-NTUC-b4-1Mar2020
Grow Your Profits Through Data Analytics and Data Modelling
Your Nett Course Fees Payable Could Be $0 and Get $264 as allowance
The course fees is $1,600.
Since this is a WSQ course, you are eligible to take this course at the nett course fees of $400. But that is not all.
You answered that you are an NTUC member who joined before or on 1 Mar 2020, NTUC will subsidize 50% of the nett course fees. That is $200 off. This is provide that you have not fully utilized the UTAP funds of $500 for your age group. Check here for more details – NTUC UTAP
The Singapore Government is giving Singaporeans 25 years old and above $500 Skillsfuture Credit on 1 Oct 2020. You can utilize this fund to pay for this course. If you have tapped on the NTUC UTAP funds, this means that you can pay the remaining $200 of the nett course fees with your Skillsfuture Credit.
Plus if you are a self employed person, you are able to claim $11 per hour of training allowance. That is $264 for 24 hours of training. Check here for more details – NTUC Training Fund (SEPs)
Note: This is based on the information we have gathered from your answers. You have to check with the relevant parties to confirm that you are eligible for the amount presented.
Below is the summary of the fees payable.
|
Amount |
Balance |
Remarks |
|
|---|---|---|---|
|
Course Fees |
$1,600 |
$1,600 |
|
|
Subsidy (SG 40 yo and above) |
($1,200) |
$400 |
|
|
NTUC UTAP (joined before 1 Mar 2020) |
($200) |
$200 |
|
|
Skillsfuture Credit |
($200) |
0 |
|
|
Nett Fees payable |
|
$0 |
|
|
SEP Training Allowance |
($264) |
($264) |