Available funding

Are you thinking about training and employing an apprentice but worried about the cost?

You could qualify for financial support. The government and other agencies offer funding, financial support and loans for employers looking to employ an apprentice. The funding available to you will depend upon the size of your organisation, whether you’re considered a small or large employer, and your geographical location. The good news is that there are incentives available for both small and large employers.

Government Funding

Available funding for apprentices aged 16-18: £4,000 
Available funding for apprentices aged 19 and over: £3,000 

The government announced that cash payments for employers who take on apprentices were increasing to their highest level ever. These grants are live now but you need to move fast because they end on 31st January 2022.

Now, for an apprentice of any age, you can claim a grant of £3,000 to put towards their training, their salary or any equipment you need to buy. This is up from £1,500 (or £2,000 for those aged 24 and under).

And this is in addition to the existing £1,000 payment for all new 16-18 year-old apprentices (and those aged under 25 with an Education, Health and Care Plan, where that applies). So, an employer of a 16 – 18 year-old will receive £4000.

Local Combined Authorities

Various local authorities have access to funds that have been donated from large organisations via their apprenticeship levy. When selecting a training provider to deliver the training for your apprentice, make sure you ask them if they have any available funding through their local authority. You can request one-to-one support with this via our free members area.

CITB Apprenticeship Grants and Levy

CITB pay grants for attendance and achievements on approved intermediate and advanced apprenticeships in England, Wales and Scotland. This grant for intermediate and advanced level apprenticeships covers:

  • Off-the-job attendance with an approved apprenticeship provider.
  • Achievement of an apprenticeship framework, including advanced apprenticeship frameworks.
  • Achievement of an End Point Assessment (EPA) of a new apprenticeship standard (England only).
You can claim if you’re levy-registered with CITB and up to date with your levy returns. You also need to meet their general Grants Scheme terms and conditions. You can find all of the relevant information on the funding available and how to apply by clicking the button below. You can also find support materials and additional information via our free members area.

Levy Transfer Options

Employers who pay the apprenticeship levy and have unused apprenticeship funds can transfer a maximum of 25% of their annual levy funds. Levy paying employers can work with employers that they currently work with within their supply chain. They can also get in touch with other employers in their industry, work with regional partners or even get in touch with an Apprenticeship Training Agency (ATA).

What transfers can pay for

Transferred funds will be used to pay for the training and assessment cost of the apprenticeships agreed with the receiving employer.
You can link with levy paying employers to receive levy transfer funds by becoming a free member of the Homeserve Foundation. If you’re a levy paying employer looking to put your unspent levy to good use, you can also register for free to link with small employers that are looking for funding support.