Skilled Capital is the funding program in the ACT to help students undertake Vocational Education and Training (VET). lt provides eligible students with government subsidised training in priority areas and covers qualifications from Certificate II through to Advanced Diploma as well as skill sets. The goal is to help students in the ACT access high quality training to maximise employment opportunities.
Focusing on two key areas, Skilled Capital aims to provide training in areas with the highest skills needs in the ACT; and at the same time deliver a productive and highly skilled workforce which contributes to the economic future of the ACT.
The number of training places available under Skilled Capital is capped for each qualification. Qualification caps may be adjusted throughout the initiative based on enrolment uptake, changing skills needs and budgetary constraints.
To be eligible for Skilled Capital you must be an Australian citizen, permanent resident, New Zealand passport holder for more than 6 months or an eligible visa holder; living or working in the ACT; at least 15 years of age; not enrolled in or attending secondary school or college except where the student is enrolled in an alternative program or has an Exemption Certificate and the selected Skilled Capital qualification is an approved Australian School-based Apprenticeship pathway.
Students are only funded for one Skilled Capital qualification at a time and will not be funded for a qualification they have already completed within the last seven years.