Evidence from credible sources supports the statement as accurate. Learn more in Methodology.
The fund is established at $35.8 million and payments of $3,500 are made to eligible Registered Apprenticeship sponsors for each newly hired qualifying apprentice.
The U.S. Department of Labor’s news releases (Dec. 19, 2025 and Jan. 28, 2026) state the American Manufacturing Apprenticeship Incentive Fund is a $35.8 million cooperative agreement and that eligible Registered Apprenticeship sponsors will receive $3,500 for each new apprentice hired. Arkansas’ announcement and the fund FAQ (administered by the Arkansas Department of Commerce) describe a pay‑for‑performance model and specify payments are made after an apprentice completes a 90‑day probation/retention milestone. Primary official sources therefore corroborate both the $35.8 million fund size and the $3,500 per‑apprentice incentive. Verdict: True — official DOL and Arkansas materials confirm the fund amount and the $3,500 payment, though the 90‑day retention condition is an important implementation detail not included in the short statement.