Bydd y cyllid yn helpu myfyrwyr i gwblhau eu hastudiaethau ac yn annog darpar fyfyrwyr i ymuno â'r sector, yn ogystal â helpu colegau i hyrwyddo cyrsiau iechyd a gofal cymdeithasol er mwyn denu rhagor o fyfyrwyr, gan helpu i ateb y galw uwch am staff cymwysedig. Gellid hefyd ddefnyddio'r cyllid i helpu i dalu costau gofal plant, neu i gynnig cynlluniau cyfeillio staff/mentora i gefnogi dysgwyr wrth ddatblygu eu gyrfa.
The funding will help students complete their studies and encourage progression into the sector, as well as helping colleges promote health and social care courses to attract more students, helping meet the high demand for qualified staff. The funding could also be used to support childcare costs or to enable buddying or mentoring to support career development.