The different financing options for your vocational training: the complete guide!
Professional retraining, evolution towards internal mobility or return to work... More and more employees and job seekers want to follow vocational training to acquire new skills or strengthen their knowledge. But training costs, which are sometimes high, can be an obstacle to these various projects. Fortunately, many mechanisms exist to participate in the financing of vocational training, such as the CPF.
Do you have a training project? We take stock of various existing financial aids according to your professional situation and eligibility requirements.
How to use the CPF to finance your training?
The Personal Training Account is the most well known training aid. This public financing system is aimed at all active persons (employees and job seekers) wishing to undertake a training action.
How does the CPF work?
Each person has a CPF account and begins to acquire training rights as soon as they enter the job market, until they retire. So, if you work full-time, or at least part-time, your Personal Training Account is powered by €500 each year up to the maximum ceiling of €5,000.
All or part of the training costs may be covered under the CPF, depending on the amount you have in your account. On the other hand, since May 2, 2024, each learner must also participate in the financing of his training up to €100.
Your training rights can be used at all times, throughout your career, even if you change jobs. If you are currently looking for a job, you cannot accumulate new rights, but you can use those already acquired to finance training and facilitate your professional reintegration.
What courses are eligible for the CPF?
This financial assistance concerns qualifying or certifying training. The training must meet one of the following objectives:
- Acquisition of a qualification (diploma, professional title, professional certification, etc.);
- Acquisition of the knowledge and skills base;
- Validation of acquired experience (VAE);
- Skills assessment;
- Acquisition of skills related to the management of a company in the context of a creation or takeover of a business;
- Acquisition of the skills necessary for the exercise of the missions of volunteers or volunteers in civic service;
- Driver's license.
To find a course supported by the CPF, simply log into your Training Account and use the “Search” tool.
Training financing: what aid for job seekers?
In addition to the CPF, job seekers registered with France Travail (formerly Pôle Emploi) can benefit from special assistance to finance their training and promote their return to work.
Individual Training Assistance (AIF)
The AIF is an aid from Pôle Emploi that can fully finance a training action or complement other funding. This help is intended for job seekers registered with France Travail, and people receiving Professional Transition Contract (CTP), Professional Reclassification Contract (CRP), or Professional Security Contract (CSP) support.
Funding is only covered if the training is validated by the Pôle Emploi advisor as part of the Personalized Employment Access Project (PPAE), and that it cannot be financed by any other mechanism. To find out if the cost of your training can be covered by the AIF, simply ask the training organization for a quote and send your support request to your advisor.
End-of-course remuneration
Among Pôle Emploi's financing solutions, we also find end-of-training remuneration (RFF). This remuneration is paid to job seekers who are undergoing training and whose benefit entitlements end before the end of the educational project. This device only concerns training courses validated by Pôle Emploi. No specific procedure is required, the end-of-training remuneration is automatically triggered, in cases where it applies.
Training financing solutions for companies and employees
If you are an employee, do not hesitate to ask your employer for information and to tell them about your training project. Indeed, businesses have every interest in invest in the upskilling of their employees.
Contribution to the employee's CPF account
When an employee wishes to follow a training course eligible for the CPF whose cost is greater than the amount of his rights, he can do a Request for a contribution in additional rights to cover all training costs. This contribution can be made by his employer if the employer considers that The training fits well into his professional activity, or as part of the company's professional project.
In general, companies agree to add to a CPF account as part of a skills assessment, a business development plan or an employee's professional retraining.
The Skills Development Plan (PDC)
The PDC is at theemployer initiative. It allows the company to define its training policy. The training courses resulting from the Skills Development Plan allow employees to develop new skills, to adapt to their new workstation, to new tools or to new missions. The employer is free to choose the employees he wishes to benefit from these training courses.
Recourse to OPCOs
As part of the Skills Development Plan, companies can call on OPCOs (Skills Operators) to help them finance the vocational training of their employees, under certain conditions. Only the Businesses with less than 50 employees can benefit from OPCO assistance of their region.
The OPCOs ensure the financing of training projects according to the funding scales and training priorities defined by the professional branches. This may also concern skills assessments and the validation of acquired experience (VAE), among others.
Tax benefits for companies that invest in training
A tax credit is provided for businesses that invest in the training of their managers as part of continuing vocational training. The tax credit for training business managers is aimed at all companies that fall under a real regime of taxation on profits, regardless of their sector of activity or legal form.
Focus on regional funding for vocational training
You can also ask your region for information: your regional council may offer solutions for financing vocational training.
This is particularly the case of Regional Training Program (PRF) which concerns collective training actions according to the skills needs of each territory. The PRF allows people looking for work, whether or not they are on the list of job seekers, to receive free training to acquire new skills or a certain qualification.
In addition to this, some regions offer additional aid that helps to finance qualifying training courses that are not offered in the PRF collective offer. Each region has its own funding and criteria for obtaining. To find out more, contact your regional council directly.
What funding is available for professional retraining?
Employees with a professional retraining project can use the CPF or, if it is not enough, turn to specific financial aid to successfully complete their professional transition.
The Professional Transition Project (PTP)
The PTP, sometimes called the CPF de Transition, allows the employee to taking time off work to train with a view to reconversion, while maintaining his remuneration. All employees can benefit from this specific leave to follow certification training in order to change jobs. In contrast, the PTP is granted by the employer under certain conditions. In particular, the employee must prove two consecutive years of activity, including at least one in the same company.
The Pro-A: retraining or promotion by work-study
The Pro-A is aimed at employees in the private sector who wish to change jobs or professions, or to benefit from a promotion. This device of retraining or promotion through work-study allows these employees toacquire new qualifications while maintaining their salary. The certification courses are offered alternately during working time. The Pro-A can be done at the request of the employee or the employer (as part of the PDC).
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