What are Funded Courses & Where does the Funding come from?

 

Funding, and approval of funding for education, is handled by a variety of different Government organisations.

HRUK understands how complex the funding rules and regulations are in the UK & how difficult this can be for employers and learners to access.

We are able to offer in-depth information on funding, funding reforms & the different types of funding available. You will also provide links to information on external sites that will support you with funding solutions.

The Government is currently reforming the way qualifications are funded. Many of these changes have already occurred and more change will take place in 2017-19, particularly for funding and qualifications for learners aged 19+.

Government Funded Apprenticeships

 

We currently offer Apprenticeships to candidates aged 16-65 years of age who meet the Skills Funding Agency eligibility criteria.

The Apprenticeship programme consists of the Diploma or Certificate, Functional Skills Maths Level 1 and English for apprenticeship and Employment Rights and Responsibilities Workbook. Learners on Apprenticeship programmes will receive progress reviews every 9-12 weeks.

In order to apply for funding, the following criteria must be met:

 

  • All apprenticeship candidates must have been a resident in the EU for a minimum of 3 years.
  • All apprenticeship candidates must hold a National Insurance Number.
  • All apprenticeship candidates must be employed and be working a minimum of 16 hours per week.
  • All apprenticeship candidates must be based in England.
  • All apprenticeship candidates cannot hold a Level 4 qualification or above.

Advanced Apprenticeship Funding

 

We also currently offer Advanced Apprenticeships to candidates aged 16-65 years of age who meet the Skills Funding Agency eligibility criteria.

The Advanced Apprenticeship programme consists of the Diploma Level 3 in the vocational qualification of your choice, Functional Skills Maths Level 2 and English for apprenticeship and in some cases Information Technology plus Employment Rights and Responsibilities Workbook. Learners on Advanced Apprenticeship programmes will receive progress reviews every 9-12 weeks.

In order to apply for funding, the following criteria must be met:

 

  • All apprenticeship candidates must have been a resident in the EU for a minimum of 3 years.
  • All apprenticeship candidates must hold a National Insurance Number.
  • All apprenticeship candidates must be employed and be working a minimum of 16 hours per week.
  • All apprenticeship candidates must be based in England.
  • All apprenticeship candidates cannot hold a Level 4 qualification or above.

Other Funded Training to Support Employers with Training Costs

 

We also currently offer a number of alternative funding streams that employers can access, these streams are avaliable through the SFA (skills funding agency) & sector skills councils or local authorities.

Adult Education Budget Courses

We currently offer over 30 Adult Education Budget short courses across a range of sectors, from health & social care to retail.

The AEB is the SFAs budget that covers funding for all qualifications that do not fall into the advanced learning, Apprenticeships & European Social Fund. Its principal purpose is to engage adults and provide the skills and learning they need to equip them for work, an apprenticeship or further learning.

Advanced Learning Loans

In England if a learner is 24+ and wants to study a course at Level 3 or 4, they would need to access a 24+ Advanced Learning Loan or FE Loan. Since the new funding arangements have come in to practice most learners aged 19+ who wish to continue to study to improve their career opportunities, will need to access loans for courses at Level 3 to Level 6.

European Social Fund

The European Social Fund (ESF) is the European Union’s main financial instrument for supporting employment in the member states of the European Union as well as promoting economic and social cohesion. ESF spending amounts to around 10% of the EU’s total budget. The ESF budget is avaliable until 2020 and is part of the 2014 to 2020 European Structural and Investment Fund.