Hi, we’ve always previously worked with AEB funding for the unemployed. We have our first SSW employed contract now and I want to ensure that I understand the funding rates from the hub. Am I looking at the Matrix funding rates? Thanks 🙂
Yes, it’s the matrix rates. If a student gets co-funding, the amount you get is the weighted rate, minus half the unweighted rate. The assumption being that you’ll charge the student (or employer) half the unweighted rate, which then gives you the same total income.