How much will co-investment cost?

Each Apprenticeship programme will fall into one of the ‘funding bands’ ranging from £1,500 to £27,000. Therefore the 5% cost you will have to pay will depend on which funding band the type of Apprenticeship you wish the apprentice to do falls into.

The below example is for £3,000

Total cost of Apprenticeship	£3,000
Employer co-investment (5%) (payable monthly by instalments)	£150 + VAT*
Maximum Government Co-investment (95%)	£2,850

 

*VAT may be recoverable if you are a VAT registered company.