The cost of recruitment, NVQ training, assessment and monitoring will be fully funded by the Skills Funding Agency for all apprentices aged 16-18. Those over 19 are part funded and there is usually a small contribution required from the employer, this doesn't have to be a financial one.
For those who are 24 and over and looking to start a level 3 apprenticeship, they will need to take out an advanced learning loan to cover the cost of their qualification.
The employer must pay the apprentice above a minimum wage salary.
From October 2015, the National Minimum Wage for Apprentices will be £3.30 per hour, although most employers pay more than this. As a guide, the London average salary for an apprentice is £150 - £200 per week.