Skills Funding Agency Funding

Skills Funding Agency Funding 2016/17

Apprenticeship Funding

  • Fully funded apprenticeships are available at Level 2, 3 or 5.
  • Your prior achievement will determine eligibility. For L2/L3 you cannot have achieved a qualification at Level 4 or above.
  • For Level 4/L5 apprenticeships you can be funded even if you have higher level qualifications.
  • You can be funded to achieve more than 1 apprenticeship if you are in a new job role or your current job role has some new or different responsibilities, where you would benefit from new skill development.

Diploma Level 2 funding

  • Funding is available for completion of level 2 diploma qualifications in the following instance only:
    • You are aged 19-23 and have not previously completed a level 2 qualification in any subject

Level 2 co-funding (a 50% financial contribution will be required)

  • If you are aged 19-23 and already have a level 2 qualification and work for an organisation with less than 250 employees the qualification can be co-funded
  • You are aged 24+ with or without a previous level 2 qualification and work for an organisation with less than 250 employees

Diploma Level 3 Funding

  • Funding is available for completion of a level 3 diploma qualifications in the following instance only:
    • You are aged 19-23and have not previously completed a level 3 qualification in any subject

Funding for Large Organisations

  • A large organisation is one which has 1000+ employees according to records held at companies house.
  • Any funding is automatically reduced by 25% for any organisation classed as a large employer, (excluding any registered charities).

Qualification equivalents

Level 1GCSE grades below C, CSE grades below 1, GNVQ, 1 AS level, BTEC 1st, Certificate / Diploma / General Certificate level 1
Level 25 GCSE Grade A-C, 5 CSE Grade 1, 1 A Level, 2 AS level, NVQ level 2, BTEC Level 2, Certificate4 / Diploma / general certificate level 2, Intermediate GNVQ
Level 32 or more A Levels, 4 AS levels, NVQ 3, OND, BTEC National Certificate / Diploma, Advanced GNVQ
Level 4Teaching qualifications, Degree, HND /HNC, NVQ 4, Any higher education, professional qualification 

 

For more information Contact our Business Development Team for more information on 0151 336 6900 or email team@dhassociates.co.uk. Alternatively you can visit –

www.skillsfundingagency.bis.gov.uk