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Delivering Study Programmes and Responding to the Cuts – The Challenge for Sixth Form Colleges.

Given the qualification based nature of their curriculum the move to study programmes is posing significant challenges for Sixth Form Colleges, particularly those colleges which have diversified into offering some vocational alternatives.  The historically high SLN to learner ratio and higher maximum funding values of 702 hours equivalent enabled these colleges to deliver an effective combination of large programmes in the AS year and small programmes in the A2 year to hit the funding allocation. 

A Challenge too Far?

The Education Funding Agency published Funding for academic year 2014 to 2015 for students aged 16 to 19 and high needs students aged 16 to 25 yesterday, and if you haven’t had a chance to read it I urge you to do this as a priority.

There are several key announcements that will impact on you financially, the most significant of which is the announcement of a reduction in funding for students aged 18 – from 2014/15 they will be funded at a rate that is 17.5% lower than students aged 16 and 17.

Are you maximising your Funding Claim for 2013/14 and positioning your College favourably for 2014/15?

Having recently submitted your R04 return I can imagine that your focus will quickly turn to your allocation for 2014/15 for young students.

The Education Funding Agency published the Funding for academic year 2014 to 2015 for students aged 16 to 19 and high needs students aged 16 to 25 yesterday, and within it they stated:

A Changing Assurance Framework - New freedoms but greater need for robust assurance

 

The introduction of the new Joint Audit Code of Practice (JACOP) in August 2013 highlighted subtle changes to the way in which College Board of Governors (‘Boards’) should look to obtain assurance over the significant risks faced by the College and ultimately the achievement of a College’s strategic objectives and direction.  The development of a Board Assurance Framework (BAF) is highlighted within the JACOP as one mechanism for doing just this, whilst also supporting the Board in signing off the annual Statement of Internal Control and Governance.

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