Additional funding for employers
Employer incentive payments for eligible foundation apprenticeships
Where an apprentice is doing an eligible foundation apprenticeship, employers will receive up to £2,000 paid in instalments. Information on this available in the apprenticeship funding rules.
Additional payments and employer incentives are paid through their training provider, who will pass the money on.
These payments will not be deducted from an employer’s apprenticeship service account. Employers who benefit from the employer co-investment exemption will also receive these payments.
Additional payments for providers
Providers face some additional costs associated with training younger learners and those that need additional support. Providers will get an extra £1,000 payment for supporting apprentices aged:
- 16 to 18
- 19 to 24 who have either:
- previously been, or are, in care
- an education, health and care plan
This is paid in 2 equal instalments. Details of payment dates can be found in the apprenticeship funding rules. This is on top of the funds that providers receive for training. It does not come from employer accounts.
Additional payments for individuals
It’s understood that care leavers can face additional financial barriers in doing an apprenticeship.
Apprentices aged 16 to 24 who have been, or are, in the care of their local authority can get a bursary of £3,000. This is to help ensure they can access apprenticeships.
This bursary is paid in 3 equal instalments. It will not come from the employer’s apprenticeship service account. It will be paid to eligible apprentices, through their training provider. Details of payment dates are available in the apprenticeship funding rules.