Fees and funding for the Level 4 Accounting Technician Apprenticeship

What funding is available?

The Level 4 apprenticeship funding cap has been increased to £12,000.

• If you are a levy-paying employer, you will be able to claim back a maximum of £12,000 from your levy funds.
• If you are a non-levy paying employer, the government will pay 95% of the cost of the apprenticeship, so all you will have to contribute is the remaining 5%. This means the maximum amount available to you from the government is £11,400.
• If you are a non-levy paying employer, with 50 employees or less, and the apprentice you are employing is age 16-21, the government will pay 100% of the cost of the apprenticeship. This means that the maximum amount available to you from the government is £12,000.

Fees that are not covered by the apprenticeship funding must be paid by the employer and not the apprentice.

There are rules on who is eligible and what can and cannot be covered by the apprenticeship funding. All information can be found in the Apprenticeship funding rules.

Eligibility for Level 4 apprenticeship funding

You can access apprenticeship funding for individuals aged 16 and over. There is no upper age restriction. Apprenticeships can be offered to new or existing employees. You can offer apprenticeships to non-relevant graduates, non-graduates or school leavers.

Apprenticeship funding for our apprenticeships is currently only available for employees working in England.

Your training provider will check the eligibility of your employees for funding.

Fees covered by the apprenticeship funding

The following fees associated with our Level 4 Accounting Technician Apprenticeship are covered by the apprenticeship funding:

Learning materials

Please check with your tuition provider before purchasing learning materials for apprentices as some providers will include the cost of the ICAEW learning materials in their tuition fees.

End-point assessment

Please note, exam re-sits cannot be covered by apprenticeship funding.

*Following updates to the Level 4 apprenticeship standard, we are awaiting confirmation of the final exam fees. Confirmed pricing will be available soon.

Tuition

We work with high-quality tuition providers across the world to deliver tuition for our qualifications. Fees are set by the tuition provider and may vary depending on location, course structure and type.

Fees not covered by the apprenticeship funding

The following fees are not covered by the apprenticeship funding:

Student registration fee

This is a one-off payment. Invoices for the student registration fee are issued regularly throughout the year following an apprentice's registration.

On-programme assessment

The on-programme assessment fees relate to the six ACA Certificate Level exams.

Credit for prior learning