For all courses commencing after 01st Jan 2023:
Self-Sponsored Category (in the Finance and Banking Industries)
- Singapore Citizens aged 40 years old and above – 70% Subsidy + 100% GST
- Singapore Citizens aged 40 years old and below – 50% Subsidy + 100% GST
- Singapore Permanent Residents – 50% Subsidy + 100% GST
Company-Sponsored Category (in the Finance and Banking Industries)
- Singapore Citizens aged 40 years old and above – 70% Subsidy + 100% GST
- Singapore Citizens aged 40 years old and below – 50% Subsidy + 100% GST
- Singapore Permanent Residents – 50% Subsidy + 100% GST
- HR needs to create a company account, register, and payment for the participants
For Individuals and Companies NOT in the Finance and Banking Industries
- Full payment – 100% Course Fees + 100% GST
For the latest IBF subsidy scheme, please refer to IBF website https://www.ibf.org.sg/programmes/Pages/IBF-STS.aspx
- To qualify for the funding, a trainee MUST successfully complete the course (including achieving at least 75% attendance and passing all assessments)
- NTUC Members can enjoy up to 50% funding (capped at $500 per year) under the Union Training Assistance Programme (UTAP)