The Education Funding Agency (EFA) is responsible for the operation of the education capital and revenue funding system and the delivery of capital programmes. Responsibility for the development of education funding policy rests with the relevant policy directorates within the Department for Education. The EFA  provides advice to policy colleagues to support effective policy making. Decisions on funding policy are ultimately the responsibility of Ministers. Corporate services are provided by the Department.

You can see details about our roles and responsibilities in our framework document, and more information about our work in our business plan.

The EFA has four high-level objectives.

  • Allocations: ensuring that revenue and capital allocations are accurate and on time.
  • Payments: ensuring that funding agreements are in place and payments are made accurately and on time.
  • Capital: delivering effective programme management and evaluation of strategic capital programmes that will improve the condition of existing buildings and support the creation of new places for pupils and learners.
  • Financial Assurance: ensuring the proper use of public funds through financial assurance undertaken by the EFA itself, or by others.