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Understanding Apprenticeship Pricing and your costs 2023 – 2024 (March)

March 22 @ 11:00 am March 27 @ 12:30 pm

Getting your apprenticeship costings right is essential for ESFA compliance and for operating a financially sound apprenticeship programme. ​ You’ll need to consider these questions:
  • Are you clear on what the apprenticeship actually costs you to deliver and where a profit margin can be made?
  • Are you clear on what are eligible and ineligible costs and that you aren’t overclaiming or underclaiming funding?
  • Are you reporting your training price breakdown correctly to the employer?
  • How do you recognise the apprentice’s prior learning and reflect this in your costings?
  • Are you applying the correct training price for your own employees (which must be at cost price)?
  • How do you measure whether a new apprenticeship standard is financially viable for you to deliver?
  In the webinar series, we’ll help you to:
  • Be clear on eligible and ineligible costs and how to identify these
  • Measure and take the apprentice’s prior learning into account
  • Establish a clear rational for your costs – in particular, the training price and assessment price
  • Explore different costing models and options
  The series will be facilitated by SDN Strategic Associate, David Lockhart-Hawkins. David lives and breathes the ESFA funding rules and has worked with providers across the country to establish effective compliance systems. David has been at the forefront of the apprenticeship reform compliance strategies, helping providers prepare to deliver standards.   This series is for anyone involved in the development of apprenticeship costings. This could, for example, include finance staff, compliance staff, employer-facing staff, business development teams, commercial leads, senior managers / decision-makers.   “David’s knowledge and expertise is unparalleled.”

 – Event attendee

Details

Start:
March 22 @ 11:00 am
End:
March 27 @ 12:30 pm
Cost:
£165
Event Category:
Event Tags:
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Website:
https://www.strategicdevelopmentnetwork.co.uk/sdnevent/apprenticeship-costings/

Organiser

Strategic Development Network (SDN)
Phone
01622 962 411
Email
hello@strategicdevelopmentnetwork.co.uk
Website
View Organiser Website

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