Funding Options

A number of government agencies and industry organisations provide funding options for companies and individuals to help with training and professional development.  Our award-winning Business Development team can help with a funding solution which best suits you.

 

  • Individual Training Account (ITAs)
    Many of our professional development programmes were previously able to be funded through the Individual Learning Account (ILA) scheme. However, in October 2017 the ILA scheme is changing to ITA, the eligibility criteria for which is different. Given this transition, please contact our team for the latest information on whether these programmes are eligible for ITA funding support. You can keep up to date with the latest ITA information at www.myworldofwork.co.uk/learn-and-train/sds-individual-learning-accounts-ila
  • SAAS (Students Awards Agency Scotland) Funding
    The Scottish Government provides financial support to eligible students doing a course of higher education in the UK including students studying on part time course.
    For details of the application process and eligibility please access: https://www.saas.gov.uk/part_time/index.htm
  • Skills Development Scotland
    SDS offers a wealth of resources and guidance to help individuals choose a career path and identify funding to support education and training activities.
    For further details please access: http://www.myworldofwork.co.uk/section/funding
  • Modern Apprenticeships
    Help towards sourcing of relevant vocational training and contribution towards training costs.
  • Employer Recruitment Incentive (ERI)
    Help towards sourcing of relevant vocational training and contribution towards training costs.
    Scotland's Employer Recruitment Incentive continues to deliver the Scottish Government's commitment to target support at unemployed young people with additional barriers.
    The incentive provides employers with a financial contribution to the additional costs of recruiting and sustaining a young person in employment, including a Modern Apprenticeship.
    To find out more please visit www.ourskillsforce.co.uk/funding-for-skills/employer-recruitment-incentive/ or call 0800 783 6000
  • Flexible Training Opportunities
    Flexible Training Opportunities (FTOs) give small Scottish businesses the opportunity to apply for up to £3,000 towards employee training costs.  To be eligible for this incentive your business needs to employ less than 100 people.
    For further information please visit www.ourskillsforce.co.uk/funding-for-skills/flexible-training-opportunities/ or call: 0800 783 6000
  • Adopt an Apprentice
    If you employ a redundant apprentice for at least 12 months, you will receive £2,000 to help with recruitment and wage costs.
    Find out more at www.ourskillsforce.co.uk/funding-for-skills/adopt-an-apprentice/ or call 0800 783 6000
  • Professional & Career Development Loan
    A Professional and Career Development Loan is a bank loan to help you pay for work-related learning. You may be able to borrow between £300 and £10,000.  Loans are usually offered at a reduced interest rate and the government pays interest while you’re studying.
    For further information please visit www.gov.uk/career-development-loans/overview or call National Careers service on 0800 100 900
  • The Flexible Workforce Development Fund 2017-18
    The Scottish Funding Council has announced that from 11th September 2017, employers which are paying the Apprenticeship Levy can apply to the Flexible Workforce Development Fund (FWDF or “The fund”). Click here to find out more or call our business liaison team on 0800 052 9618

We're here to help

Whether you're a business or an individual, West College Scotland can advise on funding.