Employers with a pay bill of over £3 million per year are required to pay a levy of 0.5% of their total pay bill. This money is then deposited into a digital account, which can be used to pay for apprenticeship training and assessment.
For smaller employers who do not pay the levy, the government provides co-funding towards the cost of apprenticeship training which in most cases covers 95% of the cost. The amount of co-funding varies depending on the apprenticeship standard and the age of the apprentice, where there are further incentives including grants available to support employers who take on apprentices aged 16-18. These grants are designed to help cover the additional costs of supporting these groups of apprentices.
Apprenticeship Funding
Did you know? Most apprenticeships are 95% funded by government
Funding Information
|
Apprenticeship |
Level |
Funding Band |
Non-Levy Payer Cost |
Typical Duration |
|
Team Leader/Supervisor |
3 |
£ 4,500.00 |
£ 225.00 |
12-15 months |
|
Operations/Departmental Manager |
5 |
£ 7,000.00 |
£ 350.00 |
30 months |
|
Customer Service Practitioner |
2 |
£ 3,500.00 |
£ 175.00 |
18 months |
|
Customer Service Specialist |
3 |
£ 4,000.00 |
£ 200.00 |
15 months |
|
Business Administrator |
3 |
£ 5,000.00 |
£ 250.00 |
18 months |
|
Senior Leader |
7 |
£ 14,000.00 |
£ 700.00 |
24 months |
|
Supply Chain Practitioner |
3 |
£ 15,000.00 |
£ 750.00 |
30 months |
Apprenticeship information
|
Name |
Level |
Equivalent Educational Level |
|
Intermediate |
2 |
5 GCSE Passes |
|
Advanced |
3 |
2 A Level Passes |
|
Higher |
4,5,6, and 7 |
Foundation Degree and above |
|
Degree |
6 and 7 |
Bachelor's or Master's Degree |
