The Education and Childcare T-Level, a college-based vocational equivalent to an A-Level, will attract base payments of £4,835 per year while a cost weighting will take the annual rate to £5,802.
This means that for T-Levels such as childcare, which launch in 2020, the rate is ‘certainly more favourable than current funding', one industry expert said.
Revealed in a consultation response published this week, the move is thought to be designed to incentivise training providers to put students on T-Levels as opposed to standard Level 3 Early Years Educator programmes. The funding rate also does not drop for 18-year-olds doing T-Levels (unlike with current study programmes).
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