ACT – Skilled Capital Funding
What is Skilled Capital?
Skilled capital is an initiative that allows you to access government subsidised training from approved RTO’s such as InterCare Training. This subsidised training is available for a selection of qualifications from the ACT Skills List which includes a selection of pathway qualifications that can lead to further up skilling.
Who is eligible?
To be eligible for the Skilled Capital Subsidies you must at the time of enrolment be:
- An Australian citizen, permanent resident, or New Zealand passport holder resident for more than six (6) months; or
- A permanent Humanitarian visa holder; or
- A visa holder with work rights on a pathway to permanent residency and not excluded from participation in government funded training and living or working in the ACT, and
- At least 15 years of age, and>
- Not enrolled in or attending secondary school or college. Students with an Exemption Certificate are not eligible for Skilled Capital. Students who are undertaking year 10 or year 12 equivalent study in an alternative program are eligible provided they meet the remaining eligibility criteria.
To be eligible for a certificate II level Skilled Capital qualification, you must meet the above criteria, and:
- Not have completed a certificate III or higher (excluding foundation skills qualifications); or
- Have suffered changed circumstances which impacts your ability to undertake training and/or work such as ill health.
Previous education and training will not impact your eligibility for certificate III qualifications and above however, you cannot be funded for a qualification you have completed within the last seven years. Also, you can only be subsidised for one Skilled Capital qualification at a time. In each instance, the outcome of the Language, Literacy and Numeracy (LLN) assessment conducted by your training provider must identify that a certificate II qualification is an appropriate learning pathway.