Funding for levy payers
A degree apprenticeship is a great way to develop your team. Thanks to the Government’s apprenticeship levy, you can access the funding to cover your costs.
Payments into the levy will be 0.5% of your annual pay bill, minus a £15,000 levy allowance, which is paid into your digital account in monthly instalments. Those payments – plus a 10% government top-up – will fund apprenticeship course fees and any end-point assessment, up to the relevant funding cap.
Your organisation will pay the monthly apprenticeship levy via the PAYE system.
Useful information
Gov.uk has detailed information on apprenticeship funding and setting up an online account: