Why has the ITA scheme been closed?  

The early closure of the fund has been due to higher than anticipated demand. As a result, SDS met the target of 18,500 individuals in training ahead of schedule and we will now deliver approximately 22,000 places this year. 

Why has demand been greater than anticipated?

Compared to the Individual Learning Account (ILA) programme, it is easier to apply for ITAs and there is a better conversion between applying and receiving funding. The eligibility criteria is also broader. 

How do ILAs and ITAs differ? 

The main difference between ILA and ITA eligibility is the fact that under ILA, anyone with a degree wasn’t eligible – this changed for ITA and now anyone with a degree can apply. The ITA programme is also more focused on employability in terms of the courses available.  

How many ITAs have been approved so far?

In the 2018/19 financial year so far, over 18,500 claims have been made. It is anticipated that when all verified individuals in the system have been processed, we will deliver approximately 22,000 learners. 

What happens now that the fund has closed to new applicants for this financial year (until 31 March 2019)? 

We anticipate that the scheme will reopen to applicants in April 2019, subject to budget approval. Communications to confirm this will follow.   

Individuals who wish to register their interest in applying for funding next year should visit www.myworldofwork.co.uk.