Apprenticeship Funding Changes for Employers for 2019

The ESFA have updated their guidance on how apprenticeship funding affects employers, to reflect changes for 2019. This includes the announcement that for new apprenticeship starts from 1 April 2019, the co-investment rate is changing to 5%. The full policy paper on Apprenticeship funding in England, is available and contains a summary of the updates including the co-investment rate, levy transfers and expiry of levy funds on page 4. The co-investment rate change is covered in this article.