Friday, 3 March 2017

Apprenticeship funding facts

How are apprenticeships funded? Will you be paid? Here are the answers to all your funding questions.

  • ·         You’ll be paid for your working hours (generally 30 hours per week) as well as your training. This includes holiday pay, for when you need those all-important breaks.

  • ·         The national minimum wage for apprentices under the age of 19, or in their first year of an apprenticeship, is £3.50 (from April 2017). Take the time to assess your options, as on some higher apprenticeships, you can earn as much as £300 – 500 per week.

  • ·         Apprenticeships are funded by the government and employers. This means you’ll graduate debt-free!

  • ·         If you’re over the age of 24, you’ll have to contribute to your own training costs. However, the government offers Advanced Learner Loans to support you.

There are hundreds of apprenticeships out there, so why not browse your options now?

No comments: