Funding for Standards

[Eileen65Participant]

Hi
We are an employer provider and have the following questions.
Is funding reduced for over 19s?
If the technical certificate in the standard is not obligatory will I have funding capped if we don’t deliver?
If I employ someone who has completed a pre apprenticeship will I get reduced funding?
If the apprenticeship is completed before the allotted time do I loose funding?

sorry there seems to be a lot

[Martin WestParticipant]

Hi,
This should explain all.
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/635331/Apprenticeships_funding_technical_guide_V3.pdf
HTH

[Eileen65Participant]

Hi Thank You
Is there a simpler version?

Eileen

[Martin WestParticipant]

Hi Eileen,
Nothing simpler so as It is complicated, I will attempt to answer each question.

The funding (actual costs for an Employer Provider) are the same irrespective of the Age of the Apprenticeship although you will receive additional incentive payments for those 16-18 (£2000 as an Employer Provider).

Only qualifications that are mandatory in a standard can be included in your delivery costs.

There is no reduction in funding for those who have completed a pre-Apprenticeship or Traineeship, but you should reduce your actual costs where an Apprentice has relevant prior learning.

As long as the minimum duration has been met, where a learner completes early then you will receive a balancing payment so that you still receive full funding.
HTH