FAQs: Degree and higher apprenticeships – What is apprenticeship levy and what are the implications for HEIs?

Degree Apprenticeships Toolkit

We’ve pulled together a list of FAQs regarding degree and higher apprenticeships.

One of the key recent changes in the apprenticeships landscape has been the announcement by government of a new ‘apprenticeships Levy’ which all employers (with a pay bill above £3m PA) will be required to pay.  Current plans are that from April 2017  employers will pay an apprenticeships levy of 0.5% of pay bill (less£10,000) to be held in a dedicated training account for them to use to offset against the costs of providing apprenticeship training ( excluding  apprentice salaries)

Although only a relatively small proportion of businesses will be required pay this levy, given their scale and the number of employees and trainees involved – these larger employers are likely to be the most important organisations with whom an HEI is likely to need to engage with when considering developing or delivering higher and/or degree apprenticeship training.

 

Any views, thoughts, and opinions expressed herein are solely that of the author(s) and do not necessarily reflect the views, opinions, policies, or position of the Engineering Professors’ Council or the Toolkit sponsors and supporters.

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