4. No tuition fees holding you back
Unlike traditional routes of education, choosing an apprenticeship means you’ll have no expensive tuition fees that you need to pay back. Instead, apprenticeships are paid for by your employer - after all, from an employer’s perspective, they are investing in training an individual to their standards.
For this reason, completing an apprenticeship to help you start a new career is a great option if you don’t want to rack up a load of debt or spend your life's savings so far.
Since an apprenticeship is an educational role, you’ll have access to student discounts, too! More savings!
5. Earn while you learn
With money in mind, it’s worth mentioning that apprenticeships are a great option for career changers wishing to maintain their income. Having a regular, monthly salary can make a huge difference at home, helping to alleviate any financial worries you may have if you were to seek full time education, for example.
As Aiman, an apprentice with Lloyds Banking Group says, "I believe there is so much value in completing a degree apprenticeship instead of going to university. You are able to gain hands-on experience, learn whilst you earn and have no student debt! What's more, you have around 3+ years of valuable experience which a fresh graduate would not have, making career prospects stronger at an early stage in your career."
6. Widen progression opportunities
Individuals considering a career change may hesitate - starting at the beginning again of a brand new industry or role can be quite daunting. But choosing an apprenticeship with companies like Lloyds Banking Group means you have the opportunity to explore your interests, discover new ones, and quickly widen your progression opportunities in your field.
With a Lloyds Banking Group apprenticeship, you’ll have development support from day one. Helping you to build your career, you’ll learn how to network across a national organisation, use different technologies to help millions of customers, and join volunteering initiatives. You’ll also learn from experienced business leaders who’ll inspire your professional development.