Louise Garratt

Co-invest Refund - less than 6 Months to PED

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An employer has insisted on a partial refund of their co-investment after making their apprentice redundant. This is within 6 months of the PED but the Apprentice is struggling to find a new employer. Would we still qualify for a completion payment if we're unable to collect the remainder? I emailed the helpdesk on 8th January and chased but not had a response.

 

TIA

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Steve Hewitt

Yes, because it will be 5% of the funding relating to the employment. When a learner is finishing off and not employed, all that funding comes from the central ESFA pot so is funded at 100%, not 95%, so no contribution is required.

Louise Garratt

That's great, thank you Steve.