Here at KeytekTM we know that dealing with the resettlement process and booking onto a course can potentially be a stressful time for any service leaver, however armed with the correct information and support, this doesn’t have to be the case.
Below we have put together some useful information on how to use your ELC (Enhanced Learning Credits) and IRTC (Individual Resettlement Training Costs) funding effectively.
ELC (Enhanced Learning Credits)
The Enhanced Learning Credits Scheme (ELC) is an initiative to promote lifelong learning amongst members of the Armed Forces. This means it can be used both during your time in the forces, and also for a considerable amount of time after leaving. However, as with most things in life, this is dependent on a few conditions…
To be eligible for lower tier ELC funding (£1000), you must have been serving in the armed forces for at least 4 years.
- To be eligible for higher tier ELC funding (£2000), you must have been serving in the armed forces for at least 8 years.
- The only exception to this is if you left the forces before April 2008 then you will only be eligible for a lower tier claim regardless of your length of service.
- If you are a service leaver, you can still claim for ELC funding, up to 10 years after leaving the forces.
- Each eligible claimant may make a total of 3 claims.
- Only 1 claim may be made for learning activities commencing in any one financial year (See our Course page to see how you can get the most from your funding with KeytekTM).
- Courses must be National Qualifications Framework (NQF) Level 3 or above for both lower and higher tier claimants in order to receive funding. (All ELC Approved courses at KeytekTM are Level 4 the highest available within the locksmith industry)
How to Claim
For full details of how to claim go to the ELCAS website www.enhancedlearningcredits.com.
However, if you have any questions about this claims procedure please contact us or your learning advisor. Failing that, at Keytek™ significant experience of the claims process and will be more than willing to help you out. You can also take a look at our very own ELC claiming form flowchart, which makes things a bit easier to understand.
IRTC (Individual Resettlement Training Costs)
People serving who intend to leave within 2 years are now entitled to an IRTC grant of £500. This can be used in conjunction with ELC to pay towards 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! However this 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 resettlement
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.
We hope that the information above has assisted, however if you do have any questions or would like to book on one of the Keytek™ ELCAS approved courses, please do not hesitate to contact us on 01202 711195.