MALTA Get Qualified Scheme 70% Refund

The Get Qualified Scheme is a Maltese government initiative that provides a financial incentive for individuals to pursue further education and training. Administered by Malta Enterprise, the main goal of the scheme is to support the personal and professional development of the workforce by helping people achieve qualifications that are in demand by various industries in Malta.

How It Works?

The core of the Get Qualified Scheme is a tax credit. This means that upon successful completion of an eligible course, the student can receive a refund of up to 70% of their tuition and examination fees in the form of a tax credit. This credit can be used to reduce their income tax liability.

Eligibility

To be eligible for the scheme, both the individual and the qualification must meet certain criteria:

• Eligible Qualifications: The scheme applies to a wide range of courses, including certifications, diplomas, degrees, and post-graduate degrees. A key requirement is that the qualification must be at MQF Level 3 or higher on the Malta Qualifications Framework and be a program that is considered by the government to be relevant to industry needs.
• Eligible Applicants: The incentive is available to individuals who finance their own studies and who have successfully completed the course. It’s open to both Maltese residents and non-Maltese residents.

What is Covered?

The scheme covers specific costs associated with the course, including:

• Tuition fees paid to the university, institution, or other recognized entity.
• Fees for examinations required to achieve the qualification, including one resit per examination.

The Application Process

The application process for the Get Qualified Scheme is typically handled through an online portal managed by Malta Enterprise. The general steps are:

1. Check Course Eligibility: The first step is to verify if your intended course is already on the list of approved qualifications. If it is not, you or your educational institution can apply to have it considered for eligibility.
2. Register: Students must register on the Malta Enterprise portal.
3. Complete the Course: You must successfully complete your study program and obtain the qualification before you can apply for the tax credit.
4. Submit Application: After graduating, you must submit your application for the tax credit within two years of completing your qualification. This application requires proof of your completed qualification and documentation of the payments you made.
5. Receive Tax Credit: Once your application is approved, you will receive your refund in the form of a tax credit, which is issued by the tax department.