Raanan Firmin

Funding for early achievers

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Our apprenticeship practical period is 15 months. If we have an achiever who completes their practical period over 12 months, do we still get the remaining 3 months practical period funding or just the completion payment?

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Ben James

You'll get it all

If the apprentice completes their programme earlier than their ‘Learning planned end date’, you will also earn any remaining funds that were due to be earned in the month of the ‘Learning actual end date’ or ‘Achievement date’, as appropriate, providing the apprenticeship funding rules on minimum duration have been met. This is the balance between the earnings to date and the total agreed price of the apprenticeship (up to the maximum value of the funding band).  

Raanan Firmin

Perfect thanks Ben. I thought that should be the case as there would not be any incentive to get the apprentice through quicker than planned.