What subsidies are available for IBF courses?

IBF Standards Training Scheme (IBF-STS):

The IBF Standards Training Scheme (IBF-STS) provides funding for training and assessment programmes accredited under the Skills Framework for Financial Services. For training programmes commencing 1 Jan 2023:

• 50% of direct training cost will be eligible for funding
• Singapore Citizens aged 40 years old and above will be eligible for 70% co-funding of direct training costs.

For more information about IBF-STS funding, please click here.

IBF Financial Training Scheme (IBF-FTS):

The IBF Financial Training Scheme (IBF-FTS) provides funding for financial sector-specific training programmes which are recognised under FTS. For training programmes commencing 1 Jan 2023:

• 30% of direct training cost will be eligible for funding
• Singapore Citizens aged 40 years old and above will be eligible for 70% co-funding of direct training costs.

For more information about IBF-FTS funding, please click here.