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TVET Council Announces Changes to the Employment and Training Fund

07/02/2018 06:58 PM
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TVET Council’s Manager, Finance and Corporate Services, Matthew Greaves.

The Technical and Vocational Education and Training (TVET) Council has made changes to the training grants provided by the Employment and Training Fund (ETF).

Manager of Finance and Corporate Services at the TVET Council (TVETC) Matthew Greaves announced that effective April 1, 2018 the ETF will now provide grants for assessments at a maximum of 75% of the qualifying amount applied for. The 75% ceiling for assessments will affect both Assessor and Internal Verifier fees.

Mr. Greaves added: “ETF funding will not be approved for an application if the Assessors or Internal Verifiers are full time employees at the Centre. However, funding will be provided for Assessors and Internal Verifiers who are employed part-time or on contract basis at the Centre.”

He further noted: “ETF funding will not be approved for training manuals, instead the applicant is encouraged to provide these manuals by email or place them on CDs, DVDs, flash drives or on a website for the trainees.”

Mr. Greaves explained that the changes were intended to help make the training fund more sustainable given the ongoing economic climate facing the country.

The Technical and Vocational Education and Training Council is a statutory corporation responsible for coordinating and managing the national technical and vocational education and training (TVET) system. This includes the development of a competence-based TVET programme, utilizing occupational standards, to promote demand-driven training and skills certification such as National Vocational Qualifications (NVQs) and Caribbean Vocational Qualifications (CVQs) to industry and the education and training sector.

As part of this function, the Council manages the ETF through which it makes grants to employers and training providers for the support and provision of TVET. (PR/TVET COUNCIL BARBADOS)