Monday 19 January 2015

Using Enhanced Learning Credits with Individual Resettlement Training Costs

The Ministry of Defence (MoD) has improved funding for Military leavers so that they can use learning credits such as Enhanced Learning Credits (ELC) during their resettlement period with their Individual Resettlement Training Costs (IRTC) to pay towards the cost of an eligible training course.

Claiming IRTC with ELC

 

Claiming ELC with IRTC to do a training course
When using IRTC with ELC during resettlement, the individual may use the IRTC element to pay for, in part or in full, the 20% minimum personal contribution required. Unlike ELC funding, any unspent IRTC may also be directed towards another training activity!

Use it or lose it!

The IRTC funding will need to be used up before you leave the Armed Forces – if you don’t use it, you will lose it!

Funding combinations during the resettlement period

IRTC may be used together with ELC or SLC, but all three cannot be amalgamated. ELC and SLC are designed to fund different learning purposes and cannot be used together. For example, SLC may not be used to fund an exam for a course of study that has been supported by ELC. The MoD monitors providers closely to ensure that costs remain competitive and are not inflated to obtain the maximum funding available.

When using IRTC with ELC or SLC during resettlement, the individual may use the IRTC element to pay for, in part or in full, the 20% minimum personal contribution. This exception will be permitted only under these specific circumstances; otherwise the rules for each scheme remain unchanged. The MoD decided that funding should be optimised to enable Service leavers to undertake valid resettlement activities to help them secure employment. Some element of personal contribution will usually continue, especially for more expensive, higher-level qualifications where the 20% minimum will more than likely be exceeded.

Rules and guidance to claiming funding combinations

How it works...

The rules:
  • IRTC + ELC                           YES
  • IRTC + SLC                           YES
  • IRTC + ELC +SLC                    NO

Key Points

 

  • IRTC must be used in conjunction with ELC or SLC to fund a recognised learning activity, in accordance with each schemes rules.

  • An SLC or ELC claim should be submitted, with the individual making their minimum 20% personal contribution.  

  • An IRTC claim should be submitted either in advance of the allowance or in retrospect, once the learning activity has been completed.

Read more about ELC funding and claiming IRTC to take a locksmith training course on the Keytek™ Locksmith Training Academy website www.locksmiths-training.co.uk/elc-funding/

No comments:

Post a Comment