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Skills CFA

Apprenticeship Funding Announcement

Wednesday, 26 October 2016
By: Skills CFA
 

The Government has published (25/10/16) its Apprenticeship Funding proposals for May 2017.  The consultation process began in August and garnered 892 responses. The object of the proposal is “simplify some of the complex arrangements that currently exist” and so “Funding will follow employer choice, moving away from the current provider-led model and meaning providers will have to be much more responsive to what employers need.”

The main changes to the proposal (after the consultation process) and points of interest:

  • Additional 20 per cent of funding (to maximum of band limit) for 16-18 year-old. This is on top of the £1,000 provider and £1,000 employer incentive.
  •  £60m funding for additional support for apprentices from disadvantaged areas
  • Expiry of funds in digital accounts extended from 18 to 24 months
  • Relaxing provider registry rules (and allowance for sub-contracting)
  • In depth report on equality in apprentice funding for ‘protected’ groups (see link to equality analysis below)

Apprenticeship funding from May 2017: equality analysis

 

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