Governed by Malta Enterprise, this scheme gives the student up to 70% of the total fees paid for the course in tax credits. Notwithstanding this fact, since tax is deducted at source in most cases, a refund is sent to the student at the end of the year as per scheme’s rules, regulations and conditions.
Whether you are currently employed, unemployed, or seeking to re-enter the workforce, the MySkills Scheme offers financial support to facilitate upskilling or reskilling. Take this chance to integrate lifelong learning into your career path and unlock new opportunities for growth. Co-financed by ESF+ under the Training for Employment Project (ESF+.01.195), the Scheme provides reimbursements of up to 100% for those who are unemployed and 80% for those in employment, with grants capped at €5,000 upon successful completion. All grants are subject to the Scheme’s Terms and Conditions, including the de minimis Regulation (EU 2023/2831) where applicable.
Companies based on the Maltese islands benefit from Investing in Skills Funding Scheme administered by Jobsplus. €8 million has been made available to promote training activities through this scheme.
Large, medium, small and micro companies may benefit from up to 50%, 60% or 70% of their training fees as well as receive an additional subsidy on employee wages for any of the Learning Works courses.