Funding bands are always a source of potential confusion, so we thought we’d dedicate a bit of time to discussing them.

What are funding bands, you might ask? Good question. Apprenticeship standards have been redesigned from the ground up by employers in various sectors. Regulated qualifications, to employers, were unsatisfactory, and the new approach more closely meets the needs of the employers since they themselves have designed them. More than 500 standards have now been developed in a wide range of sectors, including Healthcare, Hair and Beauty, and Retail.

The delivery of training and assessment of these standards will be mostly funded by the government (with some exceptions). For organisations that pay the Apprenticeship Levy, and for all other organisations after 2018, the government will be funding apprenticeship training and assessment for all Apprentices. You can learn more about the Apprenticeship Levy here.

The maximum amount of money allocated to each standard falls into one of 30 bands, ranging from £1,500 to £27,000. Here is a graph of which bands correspond to which level of funding:

Funding Band
Band Upper Limit
1
£1,500
2
£2,000
3
£2,500
4
£3,000
5
£3,500
6
£4,000
7
£4,500
8
£5,000
9
£6,000
10
£7,000
11
£8,000
12
£9,000
13
£10,000
14
£11,000
15
£12,000
16
£13,000
17
£14,000
18
£15,000
19
£16,000
20
£17,000
21
£18,000
22
£19,000
23
£20,000
24
£21,000
25
£22,000
26
£23,000
27
£24,000
28
£25,000
29
£26,000
30
£27,000

How TQUK Can Help You

The new apprenticeship standards are designed to improve upon what’s gone before and help with the apprentice’s initial journey into their chosen career, before you know it, they’ll be on the road to success.

Bee

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