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Rachel Dennis
Reimbursement When Apprentice Withdraws
Created
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If an apprentice withdraws from programme before Gateway, and the employer pays the 5% contribution in full at the start, do you reimburse the employer based on the total co-investment divided by months already on programme to give work out the overpayment? eg:
Total contribution = £1000 for 12 month programme
Apprentice withdrew after 4 months = £333.33 amount actually due from employer
Reimbursement = £ 666.67
Or do you work out the 5% of the EPA cost, reimburse that in full, and then make the calculation based on the remainder?
Thanks
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Callum Jones
Hi Rachel
If the £1000 in your example includes the 20% outcome payment, then it would be the 20% + the monthly amount. So:
Total: £1000
20%: £200
80%: £800
Monthly Payments: £66.66
Reimbursement would be £733.28 (8 x £66.66 + £200).
Thank you - the £1000 in the example was separate to the achievement payment, so this does not need to be considered. I need to know whether it is just the one calculation or if I need to work out the EPA percentage and then the training cost percentage please?
Rachel Dennis
Reimbursement When Apprentice Withdraws
Created
If an apprentice withdraws from programme before Gateway, and the employer pays the 5% contribution in full at the start, do you reimburse the employer based on the total co-investment divided by months already on programme to give work out the overpayment? eg:
Or do you work out the 5% of the EPA cost, reimburse that in full, and then make the calculation based on the remainder?
Thanks