Warning. The amount you receive from closing your 401k is likely not the amount you should be rolling over. When you take a distribution from your 401k plan, the plan has to withhold 20 percent of the distribution for taxes. For example, if you take out $60,000, you're only going to get a check for $48,000.
Arkansas State University offers a four-year electrical apprenticeship program for $260 per year, which covers 2,000 hours of job training. Electrical apprenticeships may last longer than other programs, but students have the ability to earn an income while they work. Licensing for electricians costs $15-$150 per year, with an exam fee of $30-$75.
State Electricianâs License Exam. At the end of an Electricianâs Apprenticeship, you will be required to take a State Electricianâs License Exam. Each state has a different examination, so be sure to research how your state goes about administering the test.ach year as an electricianâs apprentice, you will need to acquire a minimum of 2,000 hours of training on the job and 144 hours of official coursework.