The Institute for Apprenticeships (IFA) has announced a review into apprenticeship funding bands with the aim of ensuring that funding is consistent across different standards.
The review follows the introduction earlier this year of a new process for determining funding bands. This new process doubled the funding bands available to employers from 15 to 30, leading to difficulties in reconciliation between standards.
The intended outcome of the review is to allow as many employers as possible to access funding for their apprenticeships.
The announcement comes just one day after education watchdog Ofsted raised concerns about apprenticeship levy spending. Chief Inspector Amanda Spielman warned that too much funding is being used on higher level apprenticeships, leaving less available for people on lower level programmes.
The IFA expects the review to be complete by Summer 2019.
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