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Colleges, providers, schools and academies receive annual funding allocations from the Education Funding Agency (EFA). Funding is calculated using our funding formula that incorporates factors including student numbers, student retention, higher cost subjects, disadvantaged students and area costs.
This is supplemented by additional funding for high needs students, bursaries and other financial support awarded to individual students and, currently, transitional protection and Formula Protection Funding to take into account changes from previous funding arrangements.
These institutions are required to supply data returns to the EFA in order that their allocation for the following year can be calculated.
Student number statements are sent out to institutions in January each year. These are a provisional allocation of student numbers for the next academic year and the funding factors which will apply in calculating the allocation. Also provided is a 16 to 19 toolkit, a spreadsheet that shows how the student number statement was calculated. This is an opportunity for institutions to check and comment on the figures and raise any queries.
Final funding allocations for 16 to 19 students, high-needs students aged 16 to 24 and bursary funding are sent out in March each year.
Information on understanding the process and how funding is calculated can be found on the 16 to 19 funding guidance page.
A full list of allocations to all individual FE institutions, maintained schools, non-maintained schools, independent schools and academies is published in October.
13 January 2014: We have published the impact assessment for the funding reduction for EFA-funded institutions and providers educating full-time 18 year olds. Accompanying this is a letter to Graham Stuart MP, chair of the education committee from the Secretary of State.
We have also published a presentation on 16 to 19 funding for the 2014 to 2015 academic year.
10 December 2013: Peter Mucklow, National Director for Young People has written a letter explaining funding for academic year 2014 to 2015 for students aged 16 to 19 and high needs students aged 16 to 25.
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Funding reduction for EFA-funded institutions and providers educating full-time 18 year olds
PDF, 289 Kb
Letter to Graham Stuart 13 January 2014
PDF, 239 Kb
Slides for 16 to 19 funding for the 2014 to 2015 academic year
PDF, 988 Kb
The funding formula that the Education Funding Agency (EFA) uses to calculate funding for institutions.
information on the funding of education and training for students aged 16 to 19 and high needs students aged 16 to 25 by the Education Funding Igency in the academic year 2014 to 2015