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Posted By Apprenticeships Directory on 01/12/2018 in Apprenticeship Sector News Stories

Information: apprenticeship completion payments: From Dec 2018

Information: apprenticeship completion payments: From Dec 2018

We plan to update the apprenticeship funding calculation at R04 to withhold any completion payments that do not meet the criteria in the funding rules. The rules state that co-investment due to be paid by the employer must be collected and recorded in the ILR for the completion payment to be paid.

This change will also apply to any completion payments already made in the 2018 to 2019 funding year and where necessary payments will be recovered. We will also identify and recover any completion payments paid to providers in 2017 to 2018 funding year that were not compliant with funding rules. All adjusted payments will be made as part of the December payment run.

Providers must ensure all co-investment is collected and recorded on the ILR in a timely manner as stated in the funding rules. The co-investment you are required to collect is shown on your apprenticeship funding reports (Apps Co-Investment Contributions Report) and the Funding monitoring reports (BIRST report 16 - ‘Recording co-investment payments’).

If you have any questions about this, please contact us at SDE.servicedesk@education.gov.uk or telephone on 0370 267 0001.

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