Degree Apprenticeship Funding Information
Degree apprenticeship programme fees are paid for by the employer. There are a number of funding options available to employers.
Funding eligibility depends on the number of people you employ, your company’s annual payroll and the age of the apprentice.
Apprenticeship Levy paying businesses
If you have a wage bill above £3 million, you can use your Apprenticeship Levy contributions to cover the programme fees. If you do not have sufficient levy payments to cover the full cost of the programme fees, you may be eligible for 95% government funding to cover the shortfall.
Non-Apprenticeship Levy paying businesses
If you have a wage bill under £3 million, you can still access our programmes for your employees. You may be eligible for 95% government co-investment.
Incentive payment for hiring a new apprentice
Employers can receive a £1,000 payment from the government for hiring an apprentice:
- aged 16 to 18 years
- under 25 with an education, health and care plan or who has been in the care of their local authority
This £1,000 payment will be paid to the university as your training provider, and will then be transferred to you.
To find out more about the funding and incentive payments, please contact our degree apprenticeships team.