The final funding arrangements for the apprenticeship levy have been published by the Department for Education | NHS Employers
The latest guidance sets out the final funding policy for 2017-18 for apprenticeships in England, which will come into effect from May 2017. It has taken into account feedback received from employers during the consultation phase.
Changes to the final guidance include:
- Extending the expiry period for funds held in a digital account to 24 months.
- Increased funding to training providers by an extra 20 per cent under transitional arrangements for training 16 to 18 year olds, young people who were formerly in care or those who have an Education and Health Care plan, on existing frameworks.
- The transitional payments will come from the government and not from an employer’s digital account.
- Retaining a simplified version of the current system of supporting for those from disadvantaged areas for one year whilst a full review is conducted.
- The introduction of a system for employers to transfer funds from 2018. This will be designed by a new employer steering group to ensure it meets their needs.
- Employers will be able to choose a provider from the new Register of Apprenticeship Training Providers, which opened for applications on the 25 October.
- Providers wanting to deliver less than £100k of apprenticeship training as a subcontractor will not have to register.
The updated guidance, detailed funding rules and a revised version of the funding calculator are available on the gov.uk website.
For more information about apprenticeships and the latest policy visit our NHS Apprenticeships web pages.