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PEMBADANAN TABUNG PEMBANGUNAN KEMAHIRAN (PTPK) @ SKILL DEVELOPMENT FUND CORPORATION (SDF)

Skill Development Fund Corporation (SDF) is a Federal Statutory Body under the Ministry of Human Resources which is responsible for managing continuous skills training loan funds for trainees undergoing skills training. The main function of SDF is to plan and manage skills training loan funding in accordance to powers provided under the skills Development Fund Act 2004.


Since its incorporation on 1 June 2006, the focus of skills training loan funding has been on Sijil Pelajaran Malaysia (SPM) leavers and also students who drop out after Penilaian Menengah Rendah (PMR) The total amount of loan funded for each person is between RM 8,600 to RM 24,000, depending on the programmes followed. This total oan amount includes training fee payment and also Living allowance (RM 300 Per Month).

Under the Tenth Malaysia Plan (10th MP), SDF has been gives the responsibility to manage the skills enhancement loan funds for employees.
The aim of loan funding is to enhance the employees qualifications either by undergoing retaining (Reskilling); undergoing new skills training to support existing skills (Multiskilling); undergoing skills training for improvement o standards (Upskilling); or undergoing skills training to obtain certification based on knowledgecom and work experience.

Loan rate, depending on the programme and level of training, ranges between a minimum of RM 1,000 to RM 24,000 which covers tuition fees and premium payments for loan protection insurance.

The implemention of 10th MP since 2011 has expanded the funding coverage to cover SDF. Besides managing funds for employees Skills Enhancement Loan, SDF also has been given the responsibility to manage the industrial Enhancement Loan, SDF also has been given the responsibility to manage the industrial Enhancement Programme (INSEP) and also Workforce Technical Transformation Programme (WTTP).

Both programmes are performed by the State Skills Development Centre with the coorperation of employers. The INSEP Programme is a training programme to increase the marketability of graudates in majors such as engineering. ICT and management, while the WTTP Programme is to provide school leavers with skills that fulfil the industry`s demand especially those from poor families.

THE MISSION

To Become Main Financier of Skills Training

THE VISION

To prepare and manage continuous skills training funds effectively and efficiently.

THE OBJECTIVE

To prepare sufficient annual funds to finance skills training and collect loan repayment according to schedule.

 

In 2000, the government has established a Skills Development Fund (TPK) to provide financial assistance in the form of loans to skills trainees especially school leavers. The fund is managed by the Skills Development Fund Corporation (PTPK).

The function of PTPK is to provide skills training loan to individuals such as school leavers, graduates and others who are interested in pursuing Malaysian Skills Certification (SKM), Malaysian Skills Diploma (DKM) and Malaysian Advanced Skills Diploma (DLKM) at Public or Private Skills Training Providers accredited by DSD.

 

 

SKILLS DEVELOPMENT LOAN FOR WORKING ADULTS

Objective
To develop or enhance workers skills, in order for them to obtain higher income to match with present and future living standards.

Applicants Criteria

  1. Open for Malaysian
  2. Age less than 45 years old on application date
  3. The applicant is currently studying at the Training Provider (PL) undergoing either one of the following programmes :
    1. Monthly income less than RM3000.00
    2. Not a declared bankrupt
    3. For currently employed applicant, they must have worked for at least one year on the current job and must submit a letter of consent from the employer to pursue skills training
    4. For applicants who have been retrenched, they shall submit one copy of retrenchment letter of former employer.
    5. Applicant shall not be of school or university students who are currently pursuing studies in any educational institution.

NEED MORE INFO? TALK TO US TODAY!

Talk to us at: +603-796 01922 and ask on our UPSKILING PROGRAM or visit us at our office, Google Map Location here