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Funding for Participating Companies
The following forms of funding are available to companies
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Funding Components |
External Training Providers |
In-House Training Providers |
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Workers Aged Below 40 |
Workers Aged 40 and Above* |
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Training Cost Support |
The funding level is up to 80% of course fee (excluding GST). Companies pay the nett fee for the modules they have enrolled workers in. |
$11 per hour |
$11 per hour |
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Assessment-Only-Pathway Support |
80% or 90%* of assessment fees (excluding GST) capped at $400 per assessment |
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SRP Absentee Payroll Support |
Nil |
80% of hourly basic salary capped at $4 per hour |
90% of hourly basic salary capped at $4.50 per hour | * Rates apply to workers aged 40 years old and above, with GCE 'A' level qualifications or below.
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