Cost is a big factor that many people consider when choosing to partake in further professional study. One of the key points that people look at when making this decision is how they are going to fund their course. There are a couple of different ways that people tend to pay for their health and safety training.
Many companies have an internal training/learning and personal development scheme, which provides funding for employees to develop their relevant professional skills. The level of funding available can vary hugely from company to company. However, if there is a course you wish to take that you feel will add value to your current role, then it is worth discussing this with your line manager.
Some companies expect you to submit a business case with the costs and benefits of the IOSH course. Take a look at this post on why take an IOSH Managing Safely with a summary of the business benefits of this course. Even if you are not able to secure full funding for your course there may be partial funding options available. Alternatively, your company may be able to support you with paid time off or dedicated study time scheduled in to your working day.
If you are not eligible for corporate funding and you are self-financing your IOSH course, there are very little finance options available. Some course providers may offer the opportunity to stagger your course fees over an agreed period of time so it's worth asking.
Members of the Armed Forces
Armed Forces' members can get financial support for higher level learning. As Astutis is an approved and registered partner of Enhanced Learning Credits Administration Service (ELCAS) courses you can get funding to study with us.
People resident in Wales
The Careers Wales site has also created a useful booklet that is available for download and covers a huge range of financing options that are available for Welsh residents looking to further their education.
ReAct funding in Wales
ReAct Wales provides training grants for people resident in Wales who have been made redundant or under notice of redundancy in the last 3 months. Under this scheme you can claim up to £1500 of funding for further training that will assist in getting back to work and extending your professional appeal. There are a few restrictions on who is able to apply for funding but this is a scheme that is well suited to the IOSH suite of courses. To apply for the ReAct vocational training grant, visit Careers Wales website for more on ReAct.
Consider your learning method
With the majority of IOSH courses offered by Astutis, you are able to choose how you learn with both online and classroom learning options available. If you are conscious of budget then choosing the learning method is worth lending some thought to. Online courses tend to be substantially cheaper to sit than a traditional classroom course, largely due to the fact that overheads such as venue hire don’t apply. Therefore if you are working to a budget for your professional learning, many people find that online learning is their preferred method.
For more information on the most popular IOSH course Managing Safely, download your free information pack.