Individual training accounts definition

Individual training accounts means a method to finance training which are established on behalf of the program participant to purchase a program of training services from eligible training providers. Costs must be reasonable and necessary and must represent a sound investment of public funds.
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Examples of Individual training accounts in a sentence

  • The payments may be based on a combination of attendance and achievement.877—7.15(84A,PL105-220) Individual training accounts.

  • Individual training accounts" means a method to finance training which are established on behalf of the program participant to purchase a program of training services from eligible training providers.

  • Individual training accounts can be applied only towards programs on this list.

  • Individual training accounts may be provided to eligible older youth through the One-Stop Centers.

  • As of March 31,2021 the expenditure rate is as follows: ▪ Admin expenditure rate – 6.39%; maximum allowed 10%▪ Indirect rate avg - 13.38%; approved rate 13.57%▪ Individual training accounts (ITA) – 25.76% minimum requirement 30%▪ Youth paid internships – 35.07% minimum requirement 20%▪ Youth out of school expenditures – 97.41% minimum requirement 75% A copy of the Budget to Expenditure Report and the Summary of Non-Federal Funds was included in the meeting materials.

  • Individual training accounts (ITA) are permitted for older out-of- school (OSY) youth, ages 18-24, when appropriate.

  • Individual training accounts are not an authorized use of Youth funds.

  • Individual training accounts follow the voucher system currently in place with DWS for WIA and other funded training services.

  • Individual training accounts are available to customers eligible for WIOA Adult, Dislocated Worker, Youth and Welfare Transition programs; however, it should be noted that an ITA is neither an entitlement nor a right.

  • The Admin expenditure rate - 7.42%; maximum allowed 10% - Indirect rate avg - 13.57%; approved rate 13.54% - Individual training accounts (ITA) – 32.80% minimum requirement 30% - Youth paid internships – 35.07% minimum requirement 20% - Youth out of school expenditures – 99.41% minimum requirement 75%.

Related to Individual training accounts

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Approved abuse education training program means a training program using a curriculum approved by the abuse education review panel of the department of public health or a training program offered by a hospital, a professional organization for physicians, or the department of human services, the department of education, an area education agency, a school district, the Iowa law enforcement academy, an Iowa college or university, or a similar state agency.

  • New jobs training program or “program” means the project or projects established by a community college for the creation of jobs by providing education and training of workers for new jobs for new or expanding industry in the merged area served by the community college. The proceeds of the certificates, as authorized by the Act, shall be used only to fund program services related to training programs made necessary by the creation of new jobs.

  • hours travelled means hours spent travelling from point to point on an hourly or daily basis laid down by the Employer and does not include meal breaks, lodging time, or time spent other than travelling;

  • In-service training means the formal and/or informal work related learning activities required by the employer to be undertaken by an employee through opportunities provided by the employer, which contribute to an employee's professional development and efficiency by:

  • Approved Occupational Superannuation Fund means a superannuation fund which complies with the Occupational Superannuation Standards Act, 1987.

  • Advanced emergency medical technician or “AEMT” means an individual who has successfully completed a course of study based on the United States Department of Transportation’s Advanced Emergency Medical Technician Instructional Guidelines (January 2009), has passed the psychomotor and cognitive examinations for the AEMT, and is currently certified by the department as an AEMT.

  • Travel training means providing instruction, as appropriate, to children with significant cognitive disabilities, and any other children with disabilities who require this instruction, to enable them to:

  • Training Costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Emergency Medical Technician (EMT means: an individual licensed with cognitive knowledge and a scope of practice that corresponds to that level in the National EMS Education Standards and National EMS Scope of Practice Model.

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

  • Enrollee point-of-service cost-sharing or "cost-sharing" means amounts paid to health carriers directly providing services, health care providers, or health care facilities by enrollees and may include copayments, coinsurance, or deductibles.

  • Group-wide supervisor means the commissioner or other regulatory official designated as the group-wide supervisor for an internationally active insurance group under Section 31A-16-108.6.

  • Expatriate Personnel means such persons who at the time of being so hired had their domicile outside India;

  • Emergency medical technician means a person who is either an EMT-I, EMT-II, or EMT-P (paramedic), and possesses a valid certificate or license in accordance with the standards of Division 2.5 (commencing with Section 1797) of the Health and Safety Code.

  • Training program means an NCA-approved Iowa college, the Iowa law enforcement academy or an Iowa hospital approved by the department to conduct emergency medical care training.

  • Dependent care assistance program or "DCAP" means a benefit plan whereby school employees may pay for certain employment related dependent care with pretax dollars as provided in the salary reduction plan under chapter 41.05 RCW pursuant to 26 U.S.C. Sec. 129 or other sections of the Internal Revenue Code.

  • Contact Hour Funds means the funds paid or payable by the Department under this Contract for the Scheduled Hours of supervised training and assessment reported for a Skills First Student. Contract means this VET Funding Contract and includes all schedules, annexures, attachments, plans and specifications and exhibits to it. Contract Notification means a document issued by the Department via the SVTS that either provides specific information or advice about aspects of this Contract or formally notifies the Training Provider of a variation to this Contract. Control means, with regard to an entity:

  • Eligible postsecondary institution means an institution as defined in Iowa Code section 261C.3.

  • Site area emergency means events may occur, are in progress, or have occurred that could lead to a significant release of radioactive material and that could require a response by off-site response organizations to protect persons off-site.

  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.

  • Contractor Personnel means Contractor’s employees and subcontractors (as well as any employees or subcontractors of those subcontractors) performing the Services.

  • Non-Administrator Skilled Nursing Facility means a Skilled Nursing Facility which does not have an agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan but has been certified in accordance with guidelines established by Medicare.

  • main phase employment and support allowance means an employment and support allowance where the calculation of the amount payable in respect of the applicant includes a component under section 2(1)(b) or 4(2)(b) of the Welfare Reform Act 2007 except in Part 1 of Schedule 1;

  • Transition training means written and verbal instructions