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 October 2021 to 31 January 2022. You must set up an apprenticeship service account. Applications close on 20 May 2022.
The incentive payment is in addition to the £1,000 employers already receive for hiring an apprentice:
· aged 16 to 18 years old
· under 25 and has an education, health and care plan or has been in the care of their local authority
The £1000 payment will be paid to your training provider and you will receive it from them.
