Skilled Capital (ACT)

Skilled Capital is the funding program in the ACT to help students undertake Vocational Education and Training (VET). Skilled Capital gives students in the ACT access to high quality training to maximise employment opportunities.

Skilled Capital provides eligible students from the ACT with government subsidised training from Certificate II through to Diploma level qualifications.

Focusing on two key areas, Skilled Capital aims to provide training in areas of the highest skills need in the ACT; and at the same time deliver a productive and highly skilled workforce which contributes to the economic future of the ACT.

ACT Skills Needs List

The ACT Skills Needs List identifies the skills needed within the ACT. Skilled Capital Funding for training up to diploma level in a variety of industries and professions are contained on the list. A number of certificate II level qualifications that provide a pathway to further training or employment also attract funding.

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.

Support for Students

Skilled Capital also includes provisions for significant training support especially assisting students to successfully complete their qualification.

Students may be eligible to receive support in Foundation Skills, such as language, reading, writing, communication and numeracy skills. Additionally Skilled Capital has provisions for disability support, learning support or other identified support specific to individual circumstances.

Number of Qualifications Funded Per Student

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.