Name in original language
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Initiative overview
In a rapidly changing job market, many adults need to update or learn new skills to stay competitive and meet the demands of evolving industries. This challenge is not limited to technology fields like artificial intelligence but affects a wide range of professions. To support working professionals in this transition, the government introduced a study support program in 2022. The program aims to help adults between the ages of 27 and 62 take time to study and expand their skills without losing financial stability.
The main goal of the program is to make it easier for adults to return to education and improve their qualifications, whether they want to specialize in new areas like AI or pursue other fields. To do this, the program offers financial aid that covers part of the individual’s income during their studies. Specifically, for the first year of study, participants receive a grant equal to 80% of their previous salary. This support helps reduce the financial risks involved in leaving work temporarily to focus on learning. After this initial year, those who want to continue their education can apply for a student loan to help cover the costs for a second year.
This initiative involves the government working together with educational institutions and financial agencies to manage the program and provide funding. Eligible adults can apply for this support and choose study programs that fit their career plans and the needs of the labor market. By providing both grants and loans, the program offers a flexible way for professionals to reskill or upskill in a way that suits their individual situations.
The initiative reflects a commitment to lifelong learning, helping workers remain employable and productive as industries evolve, especially with the ongoing impact of technologies like artificial intelligence.
