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SFA funding reform update for 2013/14

SFA funding reform update for 2013/14. 1 March 2013. Nick Linford Managing Director of Lsect Editor of FE Week. New 19+ ‘simple’ and ‘streamlined’ funding. First edition published in October. Second edition published February. Third edition published June.

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SFA funding reform update for 2013/14

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  1. SFA funding reform update for 2013/14 1 March 2013 Nick LinfordManaging Director of LsectEditor of FE Week

  2. New 19+ ‘simple’ and ‘streamlined’ funding First edition published in October Second edition published February Third edition published June Funding rules published end of Jan ‘Funding Handbook’ due soon… Implementation from Aug 2013

  3. SFA funding formula Current (since 08/09) New (from 13/14) Learner responsive (LR) Employerresponsive (ER) Single Adult Skills Budget and formula SLN Guided Learning Hours (SLN GLH) Cash qualification rates based on a ‘QCF matrix’ Standard Learner Numbers (SLNs) National funding rate National funding rate Disadvantage and area cost uplift Weighted co-funding Unweighted co-funding Monthly in-year funding Provider factor Monthly in-yearfunding Achievement value 20% (half available for Job Outcome Payment) Achievement 25% (of main qual for apprenticeships) Retention and achievement in success factor

  4. 2013/14 ‘Simplified’ Funding Rates No change from June 2012 doc

  5. Return of bands, but funding by QCF credit

  6. The bands based on pounds per QCF credit Average of £44 per credit Funding per credit (from learning rates matrix)

  7. Example NCFE qualifications

  8. ‘Simple’ funding formula for 2013/14 QCF Rate from matrix Disadvantage uplfit Area cost uplift x = £ x Note: Apprenticeship qual rates unchanged Achievement worth 20% Job outcome payment only for eligible learners, who withdraw by get a job, minimum of 16 hours per week for 4 weeks, worth 10% (ie 50% of achievement) Monthly in-year funding, with double payment in month one

  9. Apprenticeships “Given the major change in the longer term, it as been decided not to proceed in 2013/14 AY with applying the simplified approach to setting Apprenticeships rates to existing frameworks that is being adopted for wider FE qualifications. This approach will, however, be applied for new Apprenticeship frameworks where these are developed. This will ensure that all new funding rates will in future link more transparently to the cost of the component qualifications, with account taken of the additional activities involved in Apprenticeship delivery. All other simplification changes to the system will continue to be made.” Skills FundingStatementDec 2011

  10. Q&A

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