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Ruth Canham-James
Apprenticeship Financial Type - Price Reduction
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Do you think we need to record a RIP value if the price has been reduced due to a change or provider, or a restart after a full withdrawal? It is partly to do with prior learning, but not always entirely. We might be reducing a £10k band max apprenticeship to £5k, despite the student only having done 20% of the KSBs, purely because the first provider took half the band max, but didn't deliver much. Based purely on RPL, that's only a 10% reduction (£1k). We do always do a Skills Scan for a change of employer, but we don't do one if it was a full withdrawal and restart with us, we just work out how much funding is left and record that. If we over/under delivered in the first period, it balances out fairly over their second period, but the price reduction isn't strictly based on RPL.
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Ruth Canham-James
Same question for Reduced Hours field. That one is more likely to reflect just RPL, as it's completely within our control, it's not restricted like price. We can choose to reduce the hours by only 20% of the usual hours, even if we had to reduce the price by 50%.
That's the other thing, what is even being done with this info? It doesn't impact on funding or compliance or anything I can think of. We know we're compliant with hours and we don't charge above what's left in the band, that's the important bit.
Ruth Canham-James
Apprenticeship Financial Type - Price Reduction
Created
Do you think we need to record a RIP value if the price has been reduced due to a change or provider, or a restart after a full withdrawal? It is partly to do with prior learning, but not always entirely. We might be reducing a £10k band max apprenticeship to £5k, despite the student only having done 20% of the KSBs, purely because the first provider took half the band max, but didn't deliver much. Based purely on RPL, that's only a 10% reduction (£1k). We do always do a Skills Scan for a change of employer, but we don't do one if it was a full withdrawal and restart with us, we just work out how much funding is left and record that. If we over/under delivered in the first period, it balances out fairly over their second period, but the price reduction isn't strictly based on RPL.