1 minute read
Levy Funding
And How It Works
Levy
If your school pays into a levy account through your PAYE, this will be used to pay for your apprentice’s training. If you are unsure of how to access your levy account, ACL will support with this process.
Non-Levy
Why did you first want to do the course?
I chose an ACL apprenticeship as I I had been working as an Office & Finance Manager for 2 years and by completing the School Business Professional qualification I felt that I would have more confidence and gain more knowledge on the role of a School Business Manager.
How did you find actually being on the course? The study, the support, the delivery etc.
I found being on the course fun and interesting. The training provider made the sessions very interactive and It was nice to have discussions with the group and understand how other schools work. My tutor was very approachable, supportive and helpful.
What benefits have you gained since completing the course?
On completion of the course I was promoted to the School Business Manager and I have been working in this role for 2 years now. I feel happy and confident in my role and through the research methods during my time of studying, I feel as though I know where to look for more guidance and information if there is anything that I am unsure of. I also have a support network from other schools who attended the course with me.
If your school is a non-levy employer (payroll bill of less than £3mil per annum), you will pay 5% towards the cost of the apprentices’ training and the Government will fund the rest however, if the apprentice is under 19 years of age, you will not have to pay for any of their training (if you employ less than 50 people).
Levy Transfer
ACL can also support you to secure levy transfer which would negate the need for you to pay the 5% co-investment if applicable.
What is a levy transfer?
Apprenticeships can be funded by a levy paying (large) employer who are able to transfer up to 25% of their unused levy to a different employer to utilise.
These transferred funds can be used to pay for 100% of the training and assessment costs of the apprenticeship up to the funding band maximum. The transferred funds cover the cost of the whole duration of the apprenticeship.
ACL Essex will help and support with all levy processes and will be happy to explain in greater details depending on your schools circumstances such as Voluntary Aided and Voluntary Controlled settings.
Watch the video: aclessex.com/education
For more information please visit our website aclessex.com/employer or contact us 03330 139 502 or email ECCtrainingforschools@essex.gov.uk