Our students can benefit from various training schemes available, these include:
Governed by Malta Enterprise, this scheme gives the student up to 70% of the total fees paid for the course in tax credits. Notwithstanding this fact, since tax is deducted at source in most cases, a refund is sent to the student at the end of the year as per scheme’s rules, regulations and conditions.
Training Pays Scheme
The scheme offers assistance in the form of a training grant to aid participants with costs relating to training. This grant will be awarded to the individual (trainee) after successful completion of their training.
Investing in Skills
Companies based on the Maltese islands benefit from Investing in Skills Funding Scheme administered by Jobsplus. €8 million has been made available to promote training activities through this scheme between 19th April 2017 and 30th June 2020.
Large, medium, small and micro companies may benefit from up to 50%, 60% or 70% of their training fees as well as receive an additional subsidy on employee wages for any of the Learning Works courses.
It is important that payment of registration fees, administration fees, early booking fees or similar costs, invoices and receipts must be dated after the Training Pays application date. Any payments that are made prior to the application form date will not be considered as eligible.
Kindly note that participants may apply for any Training Programme as long as the course is not offered by Jobsplus, offered by a licensed Training Institution (provider must be licensed by NCFHE) and the training course is pegged between MQF Level 1 to 5. All the information together with the application form is available also on Jobsplus’ website.
With regards to the ‘Investing in Skills’ Scheme, you may find further information here.