What is Apprentice funding?
For non-levy paying employers, the Government will fund 95% of the cost of training an apprentice, with a 5% contribution from the employer. If you employ fewer than 50 people, that increases to 100% for apprentices aged 16-18 or aged 19-24 with an education and healthcare need.
Who pays for my apprenticeship?
Employers
Employers must also pay their apprentice for time spent training or studying for a relevant qualification, whether while at work or at a college or training organisation. Employers must offer apprentices the same conditions as other employees working at similar grades or in similar roles.
Are apprenticeships fully funded?
The Government will fund 100% of the cost of apprenticeship training for a 16-18 year old for businesses with fewer than 50 employees. For more on how to manage your apprenticeship and funding, you could also talk to your local college or training provider.
What are the highest paying apprenticeship programs?
Corporate Banking Apprenticeship – Santander – £23K. This corporate banking apprenticeship from Santander has a starting wage that many University graduates would envy.
What funding is available for apprenticeships?
Funding has been received for the second year from The Ian M Foulerton Charitable Trust to support educational opportunities and grants. The deadline is fast approaching for the Sussex Endangered Crafts Fund – a partnership between the Heritage Crafts
What programs qualify for funding?
Pre-applications are required for all funding requests to confirm eligibility and identify proposals that align with program requirements.
How to launch an apprenticeship program?
– Advanced Manufacturing – Construction – Culinary Arts – Energy – Finance and Business – Healthcare – Hospitality