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Negotiated Price and Prior Learning
February 10 @ 10:00 am - 1:00 pm
Over the course of the last 6 months we have completed dozens of provider apprenticeship audits. Our reviews have identified a recurring weakness arising out of a failure by some providers to fully implement the ESFA funding rule requirements around negotiated price calculations and the recognition of prior learning and experience. For an apprentice to be eligible for government funding providers must identify, recognise and adjust programme content and the funding draw down accordingly.
At this focussed workshop, we will:
- review ESFA apprenticeship funding rules and expectations for 2021/22;
- Consider and identify, in a simplified form, eligible and ineligible costs and how to record them;
- consider the initial assessment process and the impact prior learning and experience has on the cost, content and duration of an apprenticeship programme;
- Talk through the strategies which a provider can employ to successfully implement the funding requirements.
Attendees will also be given access to the Solvendis excel based tool to assist with Negotiated Price and Prior Learning calculations.