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16-19 Funding Reform January 2013 Study programmes Raising Participation Age Funding per student.

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Presentation on theme: "16-19 Funding Reform January 2013 Study programmes Raising Participation Age Funding per student."— Presentation transcript:

1 16-19 Funding Reform January 2013 Study programmes Raising Participation Age Funding per student

2 The new funding formula Total Programme Funding Programme Cost Weighting Disadvantage Funding Area Cost Allowance Student Numbers National Funding Rate per student Retention Factor ()

3 Study programmes Raising Participation Age Funding per student Funding per student education was funded… course by course education will be funded… student by student Increased focus on providing the student with a holistic study programme to get them into university or work We will fund all full time programmes (540 glh or more) at a single funding rate and remove the necessity for converting guided learning hours into a Standard Learner Number (SLN)

4  year olds in all institutions funded at same National Rate (£££)  Part time students funded in ‘bands’ at proportion of National Rate  Rate for each student is calculated by: National Rate x Factor  Calculation of full time and part students to be funded at each institution based on Census or ILR return (and lagged principle). Program Cost Weighting Disadvantag Funding Area Cost Allowance Student Numbers Retention Factor ( ) National Funding Rate per student Student Numbers and Funding rate Student Number status Hours required per year Hours funded at… Student Number status factor Full time Nat Rate1 Part time Part time Part time Part time % of 540%

5  The success rate is no longer used in the funding formula  A retention rate is now used  Applied at student level, not qualification level Student RetentionFunding Leaves before qualifying period0 Leaves before planned end and not recorded as completed 50% Retained to planned end date and recorded as completed 100% Leaves before planned end date and recorded as completed 100% Program Cost Weighting Disadvantag Funding Area Cost Allowance Student Numbers National Funding Rate per student ( ) Retention Factor Number of students completed Number of students started

6  Replaces Low Cost ALS  Recognises that some students require additional support to participate and achieve Disadvantage Funding Deprivation Prior Attainment Program Cost Weighting Area Cost Allowance Student Numbers National Funding Rate per student Retention Factor ( ) Disadvantage Funding

7 Replaces High Cost ALS and ISP Funding 7 Element 1: Core education funding Element 2: Additional support funding Element 3: Top-up funding “Top-up” funding from the commissioner to meet the needs of each pupil or student placed in the institution Mainstream per- student funding (as calculated by the national funding system) Contribution of £6,000 to additional support required by a pupil or student with high needs Post-16 high needs provision will be funded in an equivalent way across all provider types. This budget will be provided by the maintaining local authority (for maintained schools) or the EFA (for all non-maintained settings). All providers will receive an allocation of mainstream per-student funding calculated by the national funding formula – this recognises the different programmes of learning that young people access. All providers will receive an allocation of additional support funding of £6,000 for each high needs student placed with them. The allocation will be calculated using student numbers from the last full academic year. As at present, specialist providers will be able to request that their allocations are reviewed if their current number of students is significantly higher than their lagged numbers. As such, for a student on a course costing £5,500 per year, the provider would contribute £11,500 (course cost plus £6,000), while for a student on a course costing £4,000, the provider’s contribution would be £10,000. The contribution to the cost of a student’s additional education support will be consistent, however, at £6,000. Top-up funding will be: provided direct to the provider from the commissioning local authority; provided in or close to the pupil’s or student’s real-time movement; and based on the pupil’s or student’s assessed needs. High Needs Students


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