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Writer's pictureGLP Training

Exploring the Funding Options Available for a HTQ


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The launch of GLP Training's Higher Technical Qualifications has been announced, with enrolments for our first cohort of learners beginning in September 2024. If you're considering joining us, you might be curious about how to finance this valuable qualification. In this blog post, we explore the various funding options currently available to support the costs of the course.


 

Funding Options for a HTQ:


1. Scholarship:

Scholarships are merit-based financial awards that can significantly offset tuition fees. GLP Training offer scholarships to a variety of individuals, providing £1,500 in funding for each eligible year of a Higher Technical Qualification.


To find out more information and check your eligibility please reach out to a member of our team, or explore more information here.


2. Student Finance:


Student Finance provides loans and grants specifically designed to help cover higher education expenses. These financial aids are often tailored to meet the needs of students enrolled in accredited courses like ours, ensuring accessibility regardless of financial background.


Repayment of this loan is income-dependent, starting only when the individual earns over a certain amounts. For more information on student finance loans, click here.


3. Self-funding:


Self-funding involves covering the tuition and related expenses independently. This option provides flexibility and allows learners to invest directly in their education without external financial obligations.


4. Employer funded:

Employer-funded options involve companies sponsoring their employees' education. This support not only covers tuition fees but also reflects an investment in enhancing workforce skills and capabilities.


5. Worcestershire Skills Boost:


The Worcestershire Skills Boost initiative provides funding or support for training programmes aimed at developing specific skills deemed essential for career advancement or sector-specific needs.


This funding is for Worcestershire based organisations who can claim 50% of the training costs back, up to a maximum of £6,000, for their Worcestershire based employees. For more information about this initiative, please visit here.


 

If you have any questions regarding the funding options for a HTQ, or are interested in exploring the Higher Technical Qualifications that are available, please reach out to a member of the team below!



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