The Sponsorship Track under the Polytechnic Talent for Finance Scheme aims to support finance professionals who are diploma holders who want to pursue post-diploma and degree-equivalent programmes to do so whilst in employment.

• Applicants must be Singapore-based FIs ^[1].
• Eligible programmes must be post-diploma or degree-equivalent programmes, and endorsed by the sponsoring FI to be relevant to the participant’s current or potential job role.
• Eligible participants must be Singapore citizens (SCs) who are recent graduates^[2] of a polytechnic^[3], and not possess any post-diploma or degree-equivalent qualification.
• Eligible participants must have applied for or commenced the post-diploma or degree-equivalent programme between 24 April 2023 and 30 April 2026 (inclusive). 
• Eligible participants must remain in employment with the sponsoring FI during the course of the programme and serve a bond of at least 1 year with the sponsoring FI after completion of programme.
• If the sponsoring FI wishes to impose a longer bond of another one year or more, the FI should co-fund at least 40% of the individual’s tuition fees (capped at $10,000), in addition to FSDF’s funding.

For each SC: 50% of tuition fees, capped at S$10,000

Subject to the fulfilment of all eligibility criteria, funding for approved claims will be disbursed on a reimbursement basis, after the participant has completed the programme and served the one-year bond with the sponsoring FI.

Applicants are required to submit your claim application within three months of the completion of the one-year bond with applicant by the participants. For late submissions, the applicant bears the risk of no funding.

Applicants are required to provide details of how the applicant is supporting the participants in their programmes, for example, co-fund the remaining tuition fees, offer other financial incentives (e.g., study allowance), special work arrangements (e.g., study leave).

The applicant is to ensure that documents and information submitted are true, accurate and complete. IBF may request for additional information to support its evaluation of the claim application.