Updated: Apr 29, 2020
My name is Allison Wallace and I have been working for BluescreenIT for over 9 years as the ELC Engagement Manager. In that time, I have been involved in advising many MoD service leavers and veterans with road maps to courses they need to consider and how the ELC credit scheme can support them achieve their career beyond the MoD.
When asked to put my first blog together, I felt a good starting point was to provide some advice around how their ELC credits work, including levels of eligibility, what other funding streams you could claim or not claim and the process you need to go through to claim.
Here are some of my top tips around the ELC and the Resettlement process, which I hope will help.
1. You have 3 x ELC claims to use throughout your military career and up to 5 years after you leave the military. £2,000.00 per financial year (which runs from 1st April – 31st March) if you have served 8 years or more. £1,000.00 per financial year if you have served 4 or more years completed before 1st April 2017 OR 6 or more years on or after 1st April 2017. There is an aggregated Lower Tier option which means you are able to claim up to £3,000.00 who have completed 6 or more years’ service on or after 1stApril 2016.
2. If you are aware that you will be leaving the forces in the next 24 months, always plan ahead. You can utilise your ELC funding while you are still serving. Get your knowledge up to speed, so when you finally go through your resettlement you hit the ground running.
3. Remember that the ELC Financial years run from 1st April – 31stMarch. If you are coming to the end of a financial year, why not utilise an ELC in March then another in April (especially if your resettlement is aimed around you leaving later on that year!) Get as much training as you possibly can and utilise your funding stream.
4. You are also entitled to other funding streams other than ELC. There is an Individual Resettlement Training Cost of £534.00 as well as a Standard Learning Credit of £175.00. You cannot claim ELC and SLC at the same time, but you can claim ELC and IRTC at the same time. If you have a personal contribution towards any of the training costs, remember you have the IRTC funding available to help with this, which minimises your personal contribution out of your own pocket!
If you have any further questions about you ELC or want help in selecting IT and Cyber training courses to enhance your resettlement, please email me at email@example.com or call 01752 724000 or follow our social media