IPS International

Performance focused training and consultancy



[Site Search]
go

moodle 
IPS International Ltd

HOME
ABOUT IPS INTERNATIONAL
TRAINING COURSES
TRAINING CONSULTANCY
APPRENTICESHIPS
•IPS APPRENTICESHIPS
•APPRENTICESHIP TRAINING AGENCY
•APPRENTICESHIP LEVY
APPRENTICESHIPS ADVICE AND GUIDANCE
•ENGINEERING APPRENTICE RECRUITMENT
•FUNDING AND GRANTS
•ADVANCED LEARNER LOAN
FUNCTIONAL SKILLS
VOCATIONAL QUALIFICATIONS
FUNDED VOCATIONAL TRAINING
YOUR VIEWS - SURVEYS
WORKING FOR IPS
IPS NEWS
CONTACT US
LINKS
SITE MAP


IPS International Ltd.
Northbank House
Sir Thomas Longley Road
Medway City Estate
Rochester
Kent
ME2 4DU
Tel: 01634 298800


IPS International Ltd.
11a Lorne Road
Dover
Kent
CT16 2AA
Tel: 01304 228180

theoffice@ips-international.com

IPS International Ltd is registered in England number 3368622, with its registered office at the Rochester address above.
FUNDING AND GRANTS

Funding and Grants for Apprenticeships

The Skills Funding Agency is the government body responsible for allocating funds and Grants for Apprenticeships and skills training in England.

Apprenticeships
Apprentices are not required to pay for their training as the cost is met by either the Skills Funding Agency or the by a combination of the Skills Funding Agency (SFA) and the employer.  All apprentices must be employed. 

For 16-18 year olds - Full Government funding is available for training 16-18 year old apprentices. 

For 19 year olds and over - Funding is available for people over the age of 19, but is dependent on their existing qualifications and the courses and qualifications applied for.   An employer contribution maybe required.

If you are aged 24 or over  - You may qualify for a 24+ Advanced Learning Loan to cover the cost of tuition fees for study at Level 3 or above.  These loans will work in a similar way to the current loan system for Higher Education, meaning that you will only start to pay the loan back once you have completed your study or training and are earning over £21,000 a year. Repayments won’t start until April 2016.  The loans are administered by the Student Loans Company.

Apprenticeship Grants for Employers
The National Apprenticeship Service (part of the SFA) is providing Apprenticeship Grants to employers recruiting 16 to 24 year olds.  The grants have a value of £1,500, and are to encourage businesses to take on a new apprentice. 

The Employer is required to sign a declaration to:
Agree to pay the minimum Apprenticeship wage
Confirm that the company has not taken on an apprentice in the previous 12 months
Confirm the number of apprentices being taken on 
Confirm that you would not have employed the apprentice without this grant
Commit to employing the apprentice for the time it takes to achieve the Apprenticeship framework. 
Confirm that you are aware of and do not breach any state aid rules

News Update
From January 2015 the maximum number of grants will be only five grants and 50 employees. 
Many employers find that the grant is a key factor in taking on an Apprentice but once they take on the Apprentice they find that the benefits of a young person learning their business far out way previous concerns.  Don't miss out get the Apprentice, get the grant, get the benefits for your business before the grant changes. 

Check out the employer fact sheets on the AGE Grant on the Apprenticeship pages of the government website here https://www.gov.uk/government/collections/apprenticeship-grant-for-employers-of-16-to-24-year-olds


Call IPS International Business Development advisors on 01634 298808 or email
info@ips-International.com


| HOME | LEGAL | TERMS & CONDITIONS | CONTACT US | IPS NEWS | SITE MAP |

PRIVACY POLICY © 2000-2017 IPS International Ltd. All rights reserved.