New Funding Rules for all employers

From the 1st of May 2017 the funding rules for all apprenticeship training in England changes. All apprentices that have been signed up prior to this date will continue to be funded under the existing rules.

Apprenticeship Funding Rules for Employers - Size: 439Kb Download

Additional Funding

English & Maths funded by government

Incentive Payments

£1000 for apprentice 16-18 years old
- Paid via provider
- Two instalments at 90 days and 365 days
Employers < 50 employees and apprentice 16-18, training will be fully funded by government
Apprentice Grant for Employers (AGE grant) continues to July 2017

Government has published new maximum rates for both frameworks and standards

Note: Rates can be found at the link below

Apprenticeship Funding Bands Go

For more information please contact:

Ceri Priddle

Senior Administrator

01676 526030

ceri.priddle@bpif.org.uk