I too have a workaround that involves saving the Template as a Note, adding the Notebook and Tags, creating a Shortcut to the Note, and duplicating the Note to create new Note containing the template format.
This workaround accomplishes the job, but defeats the purpose of templates.
My user story was intended to help the Evernote product owners continue their remarkable progress towards building an intuitive and user friendly application.
Workarounds are fine, but they should be a signal to product owners that an enhancement needs to be considered.