Residual Assessment Price – Change of Employer

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This topic contains 1 reply, has 2 voices, and was last updated by  Martin West 2 weeks, 4 days ago.

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  • LC
    Participant

    Hi

    I am hoping someone can help me re; a change of employer scenario.

    We have an apprentice who started back in Sept 19 with prices agreed as:
    TNP 1 £3700
    TNP 2 £900

    The Apprentice has now changed Employers in May 20, the new Employer has agreed to use the same EPAO. This Apprentice is enrolled for 14 months practical period duration.

    How do I calculate the Residual Costs? I have seen the example on the Apprenticeship Technical Guidance, but does that mean the Residual Assessment Price always stays at the same, so would be £900 again (providing new Employer agrees it). Do you ever deduct and work out what is actually remaining?

    Many thanks
    L

     
    • This topic was modified 2 weeks, 4 days ago by  LC.
    #445295

    Martin West
    Participant

    Hi,
    It is generally only the residual training cost that would be different, you set this at your cost for completing the remaining training.

     
    #445300
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