With changes swirling around the new apprenticeship provisions, end-point assessment (EPA) and other areas, we thought we’d take a moment to expand on something a lot of people seem to be confused about: funding bands.
What are funding bands, you might ask? Good question. The government’s new Trailblazer-led apprenticeship standards have been redesigned from the ground up by employers in various sectors. Regulated qualifications, to employers, were unsatisfactory, and the new Trailblazer apprenticeship standards will more closely meet the needs of the employers, since the employers themselves designed them. 400 standards have been developed in areas as widely varied as Adult Care Worker, Hospitality Supervisor, Mortgage Adviser, Commis Chef and Rail Engineering Technician.
The delivery of training and assessment of these standards will be mostly funded by the government (with some exceptions). For organisations that pay the government’s new Apprenticeship Levy, and for all other organisations after 2018, the government will be funding apprenticeship training and assessment for all apprentices.
The maximum amount of money allocated to each standards falls into one of 15 bands, ranging from £1,500 to £27,000. Here is a graph of which bands correspond to which level of funding: