Glossary
Negotiated price
The price the employer and provider agree for an apprenticeship, recorded in both the ILR and the apprenticeship service.
In full
The negotiated price is what the employer and provider agree the training and assessment will cost. It is recorded in the apprenticeship financial record on the ILR and in the apprenticeship service.
Earnings are calculated from the price up to the band maximum, split between monthly on-programme instalments and a completion element paid when the apprentice completes.
Where this comes up
scenario
An employer agrees a price above the band maximum
A negotiated price sits above the funding band maximum for the standard. Who pays the difference, and what is recorded?
module
Apprenticeship funding: price, band, service and evidence
A price negotiated with each employer, capped by the band maximum, paid monthly with a completion element, and dependent on the ILR and the apprenticeship service agreeing.
module
How further education funding actually works
Colleges are not paid a block grant for teaching. They are funded through several separate streams, each with its own rules, and each earned by recording delivery in the ILR.
diagnostic
An apprentice is on the ILR but is not generating any payments
The apprentice exists on the ILR and looks correct, but no earnings are being generated for them. Apprenticeship funding depends on the ILR and the apprenticeship service agreeing, so a record that is perfect in one and absent or different in the other produces nothing.