Apprenticeship fees and funding

How does apprenticeship funding work?

The government provides funding to employers who train apprentices to support the cost of apprenticeship training and assessment. This funding can be used to cover some of the costs associated with our accounting and finance apprenticeships.

The funding available to you depends on whether you pay the apprenticeship levy or not:

There are rules on what can and cannot be covered by apprenticeship funding:

• Find out more about what the apprenticeship funding covers for the Level 4 Accounting Technician Apprenticeship
• Find out more about what the apprenticeship funding covers for the Level 7 Accountancy Professional Apprenticeship

Eligibility for apprenticeship funding

You can access apprenticeship funding for individuals aged 16 and over. There is no upper age restriction and you can offer apprenticeships to new or existing employees. You can offer apprenticeship to graduates, non-graduates or school leavers.

Apprenticeship funding for our apprenticeships is currently only available for employees working in England. 

Your training provider will check the eligibility of your employees for funding. For more information on funding eligibility, please visit the Apprenticeship funding rules (paragraphs E18 to E22.2).

Payments

You can manage funding and provider payments via your Digital Apprenticeship Service (DAS) account.

• Create an account

Extra funding incentives

The government provides extra funding to incentivise employers to train and develop new talent. 

By training an apprentice, you can access:

• an extra £1,000 per eligible* apprentice to support them in the workplace; and
• National Insurance savings of 15.05% for apprentices aged 25 years old and under.

*Apprentices are eligible if they are one of the following:

• 16 to 18 years old
• 19 to 25 years old with an education, health and care plan
• 19 to 25 years old and they used to be in care