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Impact of DLF

Impact of DLF. Note: there will be different approaches to the same issues. The introduction of DLF in 2008/09 created many changes to the funding methodology. In the next half an hour I am going to consider three, and their impact on planning and performance management at

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Impact of DLF

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  1. Impact of DLF Note: there will be different approaches to the same issues The introduction of DLF in 2008/09 created many changes to the funding methodology In the next half an hour I am going to consider three, and their impact on planning and performance management at Lewisham College > Learner-responsive age split > Train to Gain installments > SLN per learner ratio

  2. FE mainstream Adult LR (DIUS) 16-18 LR (DCSF) We revised our Planning File to not apply the new funding methodology, but to set the age and fee related sub-targets LR age split One funding stream Two funding models became This separation requires careful management of both planning and performance > Plan-led ‘v’ reconciliation > Different funding rates > Different provider factors > Different enrolment patterns > 2nd year 19 year-old complexity * Could be higher with entitlement funding

  3. 07/08 07/08 £500 09/10 09/10 £400 08/09 08/09 £300 £200 £100 £0 Jan Feb Mar Apr May Jun Jul £2,000 £1,600 £1,200 £800 £400 £0 Jan Feb Mar Apr May Jun Jul TtG Instalments The change E.g. construction NVQ in 9glh Planning and performance monitoring for 08/09 needs to take account of three funding methodologies: Monthly installments > Carry-in NVQs (FE) > Carry-in TtG (50:50) > New starts TtG (75:25) Remaining carry-in value can be calculated using data held in PFR spreadsheet Total funding The new starts require a careful approach to monthly installment profiles (75:25 with n + 1 where n = months)

  4. TtG approach Our summary planning profile takes account of: We’ve focused on the new starts to create a planning profile which replicates the LIS > Funding rates > Sector Subject Area > Delivery location > Start month > Duration (glh and months) > Early withdrawals > Non-achievement We update the profile each month to include actual and adjust the remaining profile to maintain annual funding target This calculates a per month funding total, which allows us to model and monitor the year end funding forecast SO TARGET FOR STARTS ADJUSTED EACH MONTH Removing the high and low rates in 2009/10 should make planning even easier as glh becomes irrelevant This becomes critical when, for example, learners start later than planned

  5. 3400 SLNs 3000 Learners 2600 2200 2007/08 2008/09 2009/10 Learners down yet SLNs up? SLN per learner The SLN is LSC currency, the FR x PF is the exchange rate More SLNs per learner equals more LSC currency per person equals less VfM? The LSC are using this ratio to set 2009/10 allocations based on ratios in 07/08 and 08/09 F01 Do you know why and when your SLN ratio changes? Understand the FT/PT mix, even if the LSC have stopped asking Shifts in learner type and/or changes to the curriculum?

  6. And finally…. Oh, and the unofficial funding guide is proving popular with a wide range of FE staff This presentation and other resources are available online Complete your card for access www.fundingguide.co.uk

  7. Thank you Any questions?

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