Funding

Apprenticeship Funding

The way that Apprenticeships are funded is changing.

From April 2017 all organisations with a wage bill of £3million or more will be required to pay

into the Apprenticeship levy.

  • Organisations with a wage bill of less than £3million per year will be able to access government funding to cover 90% of the cost of an Apprenticeship.
  • Additional financial incentives now apply to small organisations and those taking on young persons which can offset the 100% employer contribution.
  • Organisations paying the levy will use their levy funds plus a 10% contribution from governments to pay for Apprenticeships.
  • Where a levy fund has been used up, any organisation can procure more Apprenticeships with the government funding 90% of the cost.

Contact us here for more information

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