About Funding Apprenticeships System
The FAS is a free tool for employers and providers to plan apprenticeship delivery and forecast funding for starts in England from May 2017. At a basic level it mimics the Skills Funding Agency calculator (called ‘Estimate my apprenticeship funding’). However, it enriches the experience, such as by allowing the user to input negotiated rates, set durations, forecast employer and provider incentives as well as emailing a PDF report of the results.
FAS has been developed by Smart Assessor, working in partnership with Nick Linford, editor of FE Week and author of the Complete Guide to Funding Apprenticeships.
We hope you find FAS useful over the coming months and encourage you to feedback comments as well as suggestions for future development to Nick.Linford@lsect.com
FAS basic functions same as SFA calculator
Calculates levy pot value, including 10% top-up
FAS takes a simple UK payroll figure and % of employees living in England to calculate the monthly levy contributions from May 2017 (including the 10% top-up)
Select apprentices and start month for apprenticeship framework pathways or standards
Derived from the latest SFA spreadsheet, FAS includes over 740 framework pathways and standard. For each one, the user selects the number of apprentices and their start month and year.
Calculate and display monthly funding values (on-programme and completion)
The FAS report shows a monthly values for: levy credit; cost of training; organisation cost; government cost and levy balance. It also holds back 20% of each apprenticeship value for the last month (completion payment) and any monthly levy value that has not been used after month 24 expires.
FAS added value not available from SFA calculator
Setting a negotiated rate
FAS will default the apprenticeship rate to the relevant upper-limit. However, the user can overwrite this for a negotiated rate. FAS will even identify where a user has inputted a rate above the upper-limit, and assign 100% of the cost above the upper-limit to the organisation.
Setting the duration in months
In addition to selecting the start month, the FAS user can set how many months the apprenticeship will last
Selecting 16-18 or 19+ apprenticeship starts
The FAS allows the user to set the age category for the apprentices. This allows for the calculation of full funding for the small employer as well as assigning employer and provider incentives (see below)
Full funding for 16 to 18 year-olds at small employers
The Basic Information section of FAS allows the user to indicate if the employer has fewer than 50 staff. If selected, all the Training Costs come from the Government Cost column (there is no levy or organisation costs)
Assigning 16 to 18 year-old employer and provider incentives at month 3 and 12
Where a user inputs 16-18 apprenticeships the FAS will assign the £1,000 employer and provider incentive in the monthly report. Half in the month three and the remaining half in month 12. Where a framework pathway has been selected the provider incentive includes the 20% uplift.
Filter feature for selecting apprenticeship framework pathways or standards
When selecting an apprenticeship the FAS user can filter by name, level, sector and type. The apprenticeship list is based on the current SFA list. Whereas their calculator has not been updated since October.
Expanded view of the monthly funding
The FAS allows the user to view the funding for each group of apprentices by expanding a month, or using the expand all feature
Send summary report feature
Once a FAS user has calculated the monthly funding, they can send a PDF report summary via email to themselves and as many as five other people. The summary includes a graph of monthly and accumulative funding values
Note: FAS is a planning tool and version 1 assumes the user does not know apprentice. Therefore, FAS does not include potential funding for additional support (£150 per week per apprentice), disadvantage (up to £600 per apprentice), English (£471 per qualification) or math (£471 per qualification). FAS also assumes all apprentices will finish and earn the completion payment.
How is the monthly Levy allowance calculated:
The amount you have available to spend is calculated on a monthly basis as follows: Your levy is 0.5% of your gross annual payroll, less a £15,000 allowance.
The balance is then divided by 12 and rounded down to the nearest pound. This gives a monthly levy payment which is then multiplied by the % of your employees living in England. The government tops that up by 10%, which gives you the final monthly amount.
Disclaimer: Every effort has been made to ensure FAS is accurate and up-to-date. However, it serves only as a guide to apprenticeship funding, taking selective information from government websites and publications. Therefore, you should always do your own homework and source information yourself. In particular, the latest relevant Skills Funding Agency documents should always serve as the definitive source of information. The FAS team is not responsible for the consequences of any decisions or actions taken in reliance on the information provided and all queries about rates and rules should be made to the SFA at email@example.com or call the SFA on 0345 377 5000.