In January, the Society for Education and Training’s (SET) Management Board agreed to freeze membership prices for the next membership year – 1 April 2023 to 31 March 2024. Monthly direct debit continues to be the cheapest method of paying for a membership subscription at just £5.90 a month. SET also offers concessionary rates for certain circumstances.
Direct Debit monthly £5.90/annual £70.80
Credit/debit card annual £82
Direct Debit monthly £7.40/annual £88.80
Credit/debit card annual £101
Direct Debit monthly £2.58/annual £31.00
Credit/debit card annual £31
Members are also reminded that where they are paying their own fees they are eligible to claim tax relief as the Society for Education & Training is an approved professional association by HMRC.
If you pay by direct debit, you do not need to take any action. Your membership will continue, and you will continue to be able to access SET benefits and use of any post nominals.
Members who do not pay by direct debit, will shortly be invited to renew their SET membership for a further 12 months.
In making the decision to freeze membership prices the Board considered both the effects of high inflation and also a recent audit change meaning that SET no longer needed to charge VAT on its membership fees. The Board decided to reinvest any surplus resulting from the VAT change, expanding the SET member benefits to provide increased value to members.
We have some exciting new benefits coming your way in 2023, in addition to the portfolio of benefits you are already familiar with, so look out for:
Jane Galbraith, SET’s Head of Membership said “We are delighted that fees have remained stable this year. I hope that this, in conjunction with the savings members can make through SET Rewards, helps during the current climate. We are very excited about the year ahead and our offer to members. This includes many valuable membership benefits, a vibrant programme of online CPD events, and the annual SET conference offering members exceptional opportunities for learning, networking, and collaboration. Most of all we are looking forward to supporting our 23,000 strong community of FE and training practitioners.”