summerhouse-training-courses-gloucester Funding Information

Apprenticeships, Advanced Learner Loans and Self-Funded courses are all funded in different ways. Below is a table to show what can be funded and what options are available to you:

Apprenticeships

  • Diploma in Work based Horse Care L2 & L3
  • Diploma in Business Administration L2 & L3
  • Diploma in Customer Service L2 & L3
  • Diploma in Team Leading L2
  • Diploma in Management L3
  • Adult and Lead Adult Care Worker L2 & L3

Advanced Learner Loan

  • Diploma in Nail Technology
  • Certificate in Swedish Massage
  • Diploma in Make Up
  • Diploma in Business Administration
  • Diploma in Customer Service
  • Diploma in Management
  • TAQA Assessor and Verifier Qualifications

Self-Funded

  • Diploma in Work based Horse Care
  • Diploma in Business Administration
  • Diploma in Customer Service
  • Diploma in Team Leading
  • Diploma in Management
  • Diploma in Nail Technology
  • Certificate in Swedish Massage
  • Diploma in Make Up Techniques
  • BHS Exam Training
  • Horse Transport Exams
  • One Day Beauty Courses Available

summerhouse-training-courses-gloucester Apprenticeship Levy

Currently apprenticeships are funded by the government for any business that are interested in taking on 16-18 apprenticeships or to up-skill their current workforce. This can be provided via an accredited training provider such as Summerhouse Training.

As of the 1st May 2017, the apprenticeship levy requires all employers operating in the UK, with a pay bill over £3 million each year, to make an investment in apprenticeships. The levy will be charged at a rate of 0.5% of your annual pay bill.

If an employer is not eligible for the levy and would like to train an apprentice, your business would be required to “co-invest’ 10% of the cost of the apprenticeship training and assessment and benefit from government funding to cover the remaining 90% of the cost.  If you employ 49 people or less and recruit a 16 -18 year old the government will pay 100%.

summerhouse-training-courses-gloucester A Guide To Apprenticeships

An apprenticeship is a real job with training which would allow you to earn while they learn, whilst gaining a nationally recognised qualification.

All apprenticeships will include elements of on the job and off the job training leading to industry recognised standards or qualifications.

summerhouse-training-courses-gloucester Apprenticeship Funding

Currently, Apprenticeships are part funded by the Government and are required to be:

  • Employed with a contract of employment.
  • Working a minimum of 30 hours a week
  • In a new or changing job role
  • Needs significant knowledge building

As of the 1st May 2017 the way the government funds apprenticeships in England has changed. Some employers will be required to contribute to a new apprenticeship levy, with changes to the funding for apprenticeship training for all employers.

Employers that are too small to pay the levy will have to pay 10 per cent of the training costs, with the remaining 90 per cent paid for by the government

Employers with fewer than 50 people working for them will not have to pay towards training costs of 16-18 year old apprentices or 19-24 year olds whom have a EHC as this will be 100 per cent met by government.

Apprenticeship funding can be confusing but our team of experts are here to help please contact us with any questions or queries.

summerhouse-training-courses-gloucester Advanced Learner Loans

You can apply for an Advanced Learner Loan to help with the costs of a course. It is easy to apply for, doesn’t take your household income into account and doesn’t involve a credit check.

You’ll have to pay your loan back when both the following apply:

  • You’ve finished your course
  • You earn more than £21,000 a year

You may also be eligible for money from the Advanced Learner Loan Bursary Fund if you need help with some costs while studying, e.g. childcare, travel or trips related to your course. The money can help pay for things like:

  • Accommodation and travel
  • Course materials and equipment
  • Childcare
  • Classroom assistance for a disability or learning difficulty – once you’re assessed by your college or training provider

summerhouse-training-courses-gloucester Self Funding

  • Summerhouse Training offer a range of self funded options – contact the team today to discuss your individual requirements.

For Independent Financial Advice, please visit the Money Advice Service

Find Out More

GET IN TOUCH WITH THE SUMMERHOUSE TRAINING TEAM TODAY

summerhouse-training-courses-gloucester SUMMERHOUSE COURSES YOU MAY BE INTERESTED IN

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