You can get help from the government:
- to pay for apprenticeship training and assessment
- as an incentive payment for other costs
The amount you get depends on whether you pay the apprenticeship levy or not. You pay the levy if you're an employer with a pay bill over £3 million each year.
If you do not need to pay the levy
You pay 5% towards the cost of training and assessing your apprentice.
You need to:
- agree a payment schedule with the training provider
- pay them directly for the training
The government will pay the rest (95%) up to the funding band maximum. They'll pay it directly to the training provider.
You could be eligible for extra funding depending on both your and your apprentice's circumstances.
You can apply for incentive payments for new apprentices who joined your organisation from 1 April 2021 to 30 September 2021. You must set up an apprenticeship service account.
The incentive payment is in addition to the £1,000 employers already receive for hiring an apprentice:
· aged 16 to 18 years old
· aged 19 to 24 with an education, health and care plan or who has been in the care of their local authority
To receive the full payment, the apprenticeship must last for at least one year.
