- Individual Training Account - CPF
The Individual Training Account is a system that allows you to acquire training rights that can be used throughout your professional life. Since the 1st of January 2019, the CPF is now based on euros and is no longer supplied in hours: €500/year (capped at €5,000) and €800/year (capped at €8,000) for unskilled employees (diploma below level 5).
The training can take place on:
- Working time: compulsory agreement of the employer
- Outside working hours: does not require the employer's agreement
For non-employed workers (self-employed workers, members of the liberal professions and non-employed professions, artists, authors or collaborating spouses), the Individual Training Account will be supplied in 2020 with 2018 and 2019 activities. For any questions, please contact the Training Insurance Fund (FAF) (determined according to the nature of the activity).
Any holder of the Individual Training Account may benefit from employer or OPCO contributions.
To find out what rights you have acquired, i.e. the amount available to finance your training with the CPF, you need to create an account on the dedicated website: My activity account.
Training must be certified, eligible for the Individual Training Account and registered to the RNCP (National Directory of Professional Qualifications).
- The CPF Professional Transition Project - CPF PTP
(Formerly "Individual Training Leave")
The CPF PTP allows employees to take time off work to follow a training in order to acquire new skills to change trades or professions.
Training must be certified, eligible for the Individual Training Account and registered to the RNCP (National Directory of Professionnal Qualifications).
For more information: The CPF Professional Transition Project
- Student loan
The emlyon business school's banking partners offer you loans at preferential rates. For more information, contact your Training Advisor.
As a socially responsible organisation, emlyon business school offers scholarships to participants of the General Management Programme. These scholarships are limited in number and are awarded in priority to participants who finance all or part of their personal tuition fees. For more information, contact your Training Advisor.
- Tax incentives
You may deduct from Income Tax the educational expenses and/or current expenses (deduction of actual expenses over the payment year through "Other deductible expenses").
For more information, contact your local tax office.
- Payment facilities
Withdrawals in several monthly installments possible. For more information, contact your Training Advisor.