Education and Skills Funding Agency

I’m really pleased that we’ve been able to confirm the Local Government Pensions Scheme guarantee for FE bodies in the statutory sector. This will mean that the sector will benefit from direct Government backing for certain pension costs, in the same way as academies already do. This should see lower pension scheme costs for individual colleges and the freeing up of cash savings to be redirected towards education and learning opportunities. Thanks to Education and Skills Funding Agency colleagues for all the work to make this a reality and to colleagues across FE for their advocacy in this space.

We've published the latest information for #academies, #colleges, further education #providers, and #localauthorities including information on this week's announcement of a Crown Guarantee for the Local Government Pension Scheme for the further education sector. Read ESFA Update: https://lnkd.in/dUmAQng4

We've published the latest information for #academies, #colleges, further education #providers, and #localauthorities including information on the post-16 schools budget grant and submitting your 2023/2024 end of year spend for 16 to 19 tuition fund. Read ESFA Update: https://lnkd.in/egMEq26s

Today, the Department for Education and the Education and Skills Funding Agency (ESFA) announced the decision to transfer the current functions of the ESFA into the department. This means that the ESFA as an executive agency will close on Monday 31 March 2025.    For more information on the transfer of functions to the department, read ESFA functions to move to the Department for Education. A letter from David Withey, Chief Executive and Accounting Officer of ESFA, to Accounting Officers has been shared on GOV.UK.  For any further questions or support, visit the customer help portal: https://lnkd.in/gk7Aa_HD Letter from David Withey: https://lnkd.in/grnTkZK3 More information on the transfer: https://lnkd.in/eWrnYtKM

We've published the latest information for #academies, #colleges, further education #providers, and #localauthorities including information on the 6 September deadline for submitting 2024/2025 adult funding allocation business cases and submitting earnings adjustment statements. https://lnkd.in/gdqRCfNz

We've published the latest information for #academies, including the latest updated guidance for related party transactions and information on training for school and trust business professionals. Read Update: https://lnkd.in/gmdehsun

We've published the latest information for #academies, #colleges, further education #providers, and #localauthorities. Read ESFA Update: https://lnkd.in/g9Rg-8MF

To provide certainty to the sector, ESFA has published the academy trust handbook 2024. The academy sector is responsible for over £30 billion of public funding, and it is crucial that there is a framework that supports effective financial management, governance and oversight. https://lnkd.in/edQhcWBM

We've published the latest information for #academies, #colleges, further education #providers, and #localauthorities including information on changes to the funding regulations for post-16 provision 2024 to 2025 guidance and teachers’ pension employer contribution grant 2024 to 2025: https://lnkd.in/egtGUwWb

We've published the latest information for #academies, #colleges, further education #providers, and #localauthorities including information on Pupil Premium initial allocations and the 16 to 19 tuition fund. https://lnkd.in/eZWXPh5f