Data and Funding Allocations

1
Data and Funding Allocations

• Geoff Daniels/ John Bolt
• LSC National Office

2
Key DocumentThe White Paper

• FE Raising Skills, Improving Life Changes
• (March 2006)
• Funding 14 19 learners (paragraphs 6.3 6.12)
• New approach to funding
• Comparable funding for comparable activity
• Irrespective of type of institution

3
agenda for change

• LSC has already been developing a new funding
  approach - known as agenda for change
• Supported by external advisory group
• Involves providers from all sectors of education,
  including schools
• Two technical consultation documents have been
  published (Most recently May 2006)
• Recommendations in a late autumn DfES/LSC
  consultation on new funding arrangements

4
Potential funding approach

• Funding allocation based on plan
• Plan agreed in a dialogue
• Supported by better data
• Plan can include anticipated growth
• Plan includes learner numbers and
• No end-year reconciliation
• But outturns will influence allocations in future
  years

5
New curriculum

• Proposed funding approach must handle
• Specialised Diplomas
• Parts of learners programmes delivered in
  different institutions
• Diplomas may vary in sizes
• Unitisation
• Credit and Qualifications Framework

6
Features ofa new formula?

• To retain many features of current approach
• Programme size
• Programme weighting
• Area cost
• Disadvantage

7
Potential new features

• Use retention rates and success rates
• Additional learning support
• Disadvantage
• Base on prior attainment and/or post codes
• (instead of free school meals)

8
Next Steps

• Late autumn DfES/LSC consultation
• Schools and other interested bodies to respond
• Possible events for schools to support the
  consultation
• Funding modelling work with some volunteer
  schools based on data from these schools
• Any volunteers e-mail
• Alex.Cook_at_lsc.gov.uk

9
And then

• 2007/08 - Dry runs
• Testing new approach with no implications for
  funding
• 2008/09 Implementation of new approach

10
Data and Funding

• Geoff Daniels/ John Bolt
• LSC National Office