Funding rules monitored: 31 official sources · awaiting first verified checkFunding Intelligence →
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Glossary

Apprenticeship financial record

The ILR record that carries the financial detail of an apprenticeship, including the negotiated price and any employer payments.

In full

Apprenticeship financial records carry the agreed total negotiated price, split between training and end-point assessment, and any relevant payment records.

They must agree with what is recorded in the apprenticeship service. Where they do not, earnings do not flow as expected and the mismatch appears on funding reports.

The rules behind this

Official requirement

An apprenticeship is funded against a price negotiated between the employer and the provider, capped by the funding band maximum for the apprenticeship standard. Any amount above the band maximum is paid by the employer and is not funded.

Official requirement

An apprenticeship must be consistent between the ILR and the apprenticeship service. Where the two do not agree, funding does not flow correctly and the mismatch must be resolved.

Where this comes up

Sources

These are the official documents this page rests on. Where a figure, a deadline or an exact rule matters, the document is the authority and this page is the explanation.

Apprenticeship funding rules and assessment plan guidance 2026 to 2027 (opens in a new tab)

GOV.UKOfficial funding document2026–27Awaiting first verification

Content reused from GOV.UK is Crown copyright, used under the Open Government Licence. FEFunding is not endorsed by the Department for Education.