Funding support
The WSSP helps defray part of the costs incurred by FIs in the hiring of Singaporean students who would be trained under the WSDeg programme. It adopts a co-funding model to subsidise the training stipend paid by FIs when engaging Singapore citizen students in WSDeg programmes as interns. FIs may seek reimbursement of 80% of training stipend paid, capped at S$1,000 for every month of internship completed by each eligible WSDeg student.
The eligible period of funding is aligned to the approved duration and structure of the respective WSDeg programme.
Subsidies are made on a reimbursement and annual basis. Details of the claims process (including the claim form and due dates for submission of claim form) will be outlined in the Letter of Offer provided to successful applicants.