Funding for Standards

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This topic contains 3 replies, has 2 voices, and was last updated by  Martin West 4 months, 2 weeks ago.

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  • Eileen65
    Participant

    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

     
    #255563

    Martin West
    Participant
    #255581

    Eileen65
    Participant

    Hi Thank You
    Is there a simpler version?

    Eileen

     
    #255589

    Martin West
    Participant

    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

     
    #255598
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