SFA funding 2013/14 14 February 2013 in London

Similar documents
SFA funding 2013/14 12 February 2013 in Birmingham

Essential training on the apprenticeship levy and funding Summary of the reforms and quickly spotting opportunities

Apprenticeship funding update with the SFA

SUB-CONTRACTING POLICY POLICY NO. 34

FUNDING POLICY WATCH. The 16-18, Adult Learner- and Employer- responsive Funding Models ALL CHANGE. January Policy and Curriculum 2008/1

24+ Advanced Learning Loans Learning Provider Seminars May Skills Funding Agency Update. Chris Bradley / Nina Ketcher.

Subcontractor Management Fees and Charges Policy for 2017/18

North East Surrey College of Technology. Sub Contracting Supply Chain. Fees and Charging Policy

24+ Advanced Learning Loans

If you require this policy in an alternative format please contact Management Office, in the first instance, on (01205) extension 3204.

Subcontracting. Fees and Charges Policy

Sub-contracting Policy

POLICY NO: 34 SUB-CONTRACTING (FEES AND CHARGES)

Sub- Contracting Strategy

Supply Chain Fees and Charges Policy. June 2016

Apprenticeship technical funding guide for starts from May 2017

Apprenticeship Funding

Operational Performance Management Rules 2014 to 2015

WESTMINSTER ADULT EDUCATION SERVICE. Subcontractor Management Fee Policy

Apprenticeship technical funding guide for starts from May 2017

Funding Focus. Cumulative real growth Education Business, Innovation and Skills

Context The policy is now a mandatory requirement that must be in place prior to participating in any subcontracting activity from 1 August 2014.

Guidance for Colleges and Training Organisations: Learning and Funding Information Letter

.ALTERNATIVE. LOCATIONS.AND..SUBCONTRACTORS..POLICY. Version 1.0

NEW LEARNING PROVIDERS ADVANCED LEARNER LOANS SEMINAR

UNIVERSITY OF WORCESTER

Colchester Institute Corporation. Minutes of a Meeting of the Resources Committee held on 30 th November 2017 at the Sheepen Road Campus

Summary of the Fees Policy

THE APPRENTICESHIP REFORMS

Birmingham City University. Credit and Refund Policy effective from 2017/18

Centre Manual. Version 7.2 April 2018

FEES and PAYMENTS 2016/17

Please see separate fee s that apply to Enquiry on results requests in our Ascentis Fees and Prices catalogue that is available on our website

SCOTTISH FUNDING COUNCIL CAPITAL PROJECTS DECISION POINT PROCESS

Guidance for providers about the financial information required for registration

VARNDEAN COLLEGE MINUTES OF THE AUDIT COMMITTEE MEETING

MINUTES OF THE CORPORATION MEETING HELD ON MONDAY 17 OCTOBER Independent Member. - Independent Member (Vice-Chair)

Compensation and refund policy

16-18 Bursary Guidance Notes 2018/19

web: Tel: Fax: Gaysham Avenue, Gants Hill, Ilford, Essex,

MINUTES. Finance and Resources Committee No 24. Time: 18:00 20:00

Early Years Funding 2018/19 Proposal for consultation based on early assessment of Early Years Funding and demand 2018/19

EQUALITY AND DIVERSITY KPI REPORT

SHEFFIELD HALLAM UNIVERSITY. Mr L Hunter, Deloitte Mr P Severs, Director of Finance Ms S Suchoparek, KPMG Ms A Temple (Minute Secretary)

Your Fees Your Responsibilities Home and EU Students: Student Tuition Fees: Payment and Debt Arrangements 2016/17

Managing Financial Resources in Health and Social Care

Learnership Allowance

Frequently Asked Questions (FAQs) Learners

Endorsed by: TRADING & FINANCIAL MARKET ANALYSIS. Earn your Level 5 (QCF) Diploma. The Investment Academy STRATEGIC PARTNER:

Summary of Apprenticeship Reforms

Student Financial Support Application 2018/2019

Birmingham City University. Tuition Fee Payment Policy for UK and EU Students effective from 2017/18

Privacy Notice Student Loans Company Ltd

UCP Business Plan was recommended to the Board for approval. Para 190 F61/17. The minutes of the meeting held on 24 May 2018 were agreed and

Consultancy Handbook Index

Change of Circumstances and Overpayments

Contact us on: Terms and Conditions. 1 Introduction

Mark Alger - Education Liaison Officer 2016/17 STUDENT FINANCE EXPLAINED

COURSE INFORMATION SHEET

Budget Overview Daniel G. Lowengard, Interim Superintendent of Schools Everton Sewell, Chief Financial Officer March 19,

Changes at a glance

Qualsafe Awards Centre Agreement

Financial planning handbook

Tuition Fee Policy for Students

Initial teacher training (ITT): provision closure Version 1

Experiential Learning Portfolio for Medical Insurance Claims

Fees-free info sheet: Withdrawals (providerbased tertiary education)

SHOLEM ALEICHEM COLLEGE and JEWISH SCHOOL FEE POLICY 2019

Effective Date 7 06 Feb 2018 Incorporating EPA assessment activity Due to IMI expanding its services

Pearson LCCI Level 3 Certificate in Advanced Business Calculations (ASE3003)

Employer Agreement for the delivery of Non-Levy-Funded Apprenticeship Training

General Faculty Meeting January Brigham Young University Idaho

Regulations for the Payment of University Fees and other related financial information 2018/19

The Insurance Sector Education and Training Authority (INSETA)

Higher Education Enrolment. A Guide for Students Academic Year 17/18 Student Administration and Achievements

The Apprenticeship Levy

Trustee Qualification. Presenter: Ginger Bester Consumer Education Department Financial Services Board

Fees & Debt Management Policy

APPRENTICESHIP LEVY Apprenticeship funding guide

City & Guilds Manual for the End-Point Assessment Service

College of Southern Maryland BUSINESS FINANCE. Course / Instructor Information. Things to Purchase. Course Description.

5. Report on Chair s Action There was none. Timed Business at 1615 hrs - Judith Marples attended for this item only 6. Annual Staff Development Plan a

Offer 29 March 2019 Teachers Agreement

STUDENT FINANCE INFORMATION icmp.ac.uk

2015/16 Regulations for the Payment of University Fees and other related financial information. Postgraduate Taught Students

CIRCULAR. No JULY 2007 PRACTITIONER & EMPLOYER TRAINING EVENTS (1) INTRODUCTION (2) THE 2008 SCHEME CHANGES SEMINARS

6 October 2017 Warren Ralls Director The LEP Network Oakley House Headway Business Park 3 Saxon Way West Corby NN18 9EZ

Welcome to York ESSENTIAL FINANCIAL INFORMATION 2018/19

Financial. Assistance Guidelines for Young People 2017/

Value for Money Strategy 2016/17

Funding priorities and performance management 2015/16

DEDICATED SCHOOLS GRANT: TECHNICAL NOTE FOR

Financial Education Planning framework years

16-18 Bursary Guidance Notes 2017/18

South Downs College Corporation Board of Governors MINUTES OF A MEETING OF THE CORPORATION HELD ON THURSDAY 7 th JULY 2016 AT SOUTH DOWNS COLLEGE

MINUTES OF THE CORPORATION MEETING HELD ON TUESDAY 3 FEBRUARY A Rajguru (Vice Chair) Governor

Student Agreement: Your Terms and Conditions. Contents. Introduction. 1. The purpose and scope of the Agreement

Fees & Debt Management Policy

New Zealand Certificate in Financial Services Programme

52nd County Finance. School. May 2-4, 2018 Sheraton Syracuse University Hotel Syracuse, New York. New Extended Agenda

Transcription:

SFA funding 2013/14 14 February 2013 in London #FEparty Workshop programme 1pm Registration 1:30 The new 2013/14 SFA funding formula and rates 2:30 Curriculum planning for 2013/14 with the new rates matrix 3:15 Coffee break 3:30 Key changes in the funding rules (incl. FE loans and subcontracting) 4:30 End Slides will be emailed to you after the event, and along with any revision updates owing to new SFA information For more events visit www.lsect.com 1

Four documents published (6pm 31 Jan) 1. Funding Rules 2013/2014 This document sets out the rules for funding and associated evidence requirements for the funding year 2013/14 effective from 1 August 2013 2. Letter from Keith Smith to colleges and training organisations Introduction to the Funding Rules 2013/2014 3. 2013/14 Simplified Funding Rates This catalogue lists all provision which the Skills Funding Agency has approved for public funding in 2013/14 and their funding rates 4. 24+ Advanced Learning Loans: Maximum Loan Amounts This spreadsheet provides the details of the maximum loan amounts for 2013/14 Two documents due but not yet published: 1. An update to New Streamlined Funding System for Adults Skills 2. Funding Handbook http://skillsfundingagency.bis.gov.uk/providers/fundingsimplification/ The new 2013/14 SFA funding formula and rates #FEparty For more events visit www.lsect.com 2

SFA funding formula Current (since 08/09) New (from 13/14) Learner responsive (LR) Employer responsive (ER) Single Adult Skills Budget and formula SLN Guided Learning Hours (SLN GLH) National funding rate Unweighted co-funding Provider factor Retention and achievement in success factor Standard Learner Numbers (SLNs) National funding rate Weighted co-funding Monthly in-year funding Achievement 25% (of main qual for apprenticeships) Cash qualification rates based on a QCF matrix Disadvantage and area cost uplift Monthly in-year funding Achievement value 20% (half available for Job Outcome Payment) 2013/14 Simplified Funding Rates > Cover note > QCF > QAA > Non-reg > Appren Feedback by 15 March http://skillsfundingagency.bis.gov.uk/lscgovuk/scripts/publicationdownload.aspx?id=ea92981d-97cb-49f3-8946-bbb666576684 For more events visit www.lsect.com 3

2013/14 Simplified Funding Rates No change from June 2012 doc The bands a steps For more events visit www.lsect.com 4

The band averages per credit Funding per credit (from learning rates matrix) Average of 44 per credit Band based on policy Access to Higher Education qualifications will be funded at 3,022, 3,384, 3,928, 4,835 or 5,197 dependent on Programme Weighting. QCF qualifications have their funding band determined by their credit value. NQF qualifications have their funding band determined using their recommended guided learning hours (GLH) available from the Register of regulated qualifications operated by Ofqual. Other learning aims have their funding band determined by their previous delivery patterns. For more events visit www.lsect.com 5

Bands by glh (exceptional cases) Where funding bands are determined by any form of GLH, the following mapping applies: Programme weightings are determined with reference to Sector Subject Area (SSA), according to the following table, with a limited number of exceptions Apprenticeships Given the major change in the longer term, it has 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 Funding Statement Dec 2011 For more events visit www.lsect.com 6

Simple funding formula for 2013/14 QCF Rate from matrix x Disadvantage uplift x Area cost uplift = 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 Curriculum planning for 2013/14 with the new rates matrix #FEparty For more events visit www.lsect.com 7

Modelling the impact on rates yourself Example 1 for 50067680 Rates on https://gateway.imservices.org.uk/sites/lara/ NCFE Level 1 50067680 Current funding rates Award in Employability Skills (QCF) SLN GLH SLN PW NFR Rate 42 0.09 1 2,615 244 NCFE Level 1 New funding rates Credits Rate Rate + / - + / - 50067680 Award in Employability Skills (QCF) 6 Award (5-12) 336 + 92 +38% Modelling the impact on rates yourself Example 2 for 50079979 Rates on https://gateway.imservices.org.uk/sites/lara/ NCFE Level 1 50079979 Current funding rates Award in Exercise Studies (QCF) SLN GLH SLN PW NFR Rate 90 0.2 1 2,615 523 NCFE Level 1 New funding rates Credits Rate Rate + / - + / - 50079979 Award in Exercise Studies (QCF) 12 Award (5-12) 336-187 -36% For more events visit www.lsect.com 8

Modelling the impact on rates yourself Example 3 for 5006633X Rates on https://gateway.imservices.org.uk/sites/lara/ NCFE Level 1 5006633X Old Certificate in Employability Skills (QCF) SLN GLH SLN PW NFR Rate 99 0.22 1 2,615 575 NCFE Level 1 New Credits Rate Rate + / - + / - 5006633X Certificate in Employability Skills (QCF) 13 Cert (13-24) 724 + 149 +26% Modelling the impact on rates yourself Example 4 for 50102540 Rates on https://gateway.imservices.org.uk/sites/lara/ NCFE Level 1 Old 50102540 Award in Sexual Health Awareness (QCF) SLN GLH SLN PW NFR Rate 9 0.02 1.12 2,615 57 NCFE Level 1 New Credits Rate Rate + / - + / - 50102540 Award in Sexual Health Awareness (QCF) 1 Cert (1-5) 166 + 107 +183% For more events visit www.lsect.com 9

LARA does not always match SFA spreadsheet http://readingroom.lsc.gov.uk/sfa/2013_14_simplified_funding_rates.xls Rate in LARA NCFE Level 2 60013333 Current funding in LARA NVQ Certificate in Spectator Safety (QCF SLN GLH SLN PW NFR Rate 85 0.19 1.12 2,615 553 NCFE Level 2 New funding in SFA spreadsheet Credits Rate in SFA spreadsheet + / - + / - 60013333 NVQ Certificate in Spectator Safety (QCF) 29 Cert (25-36) 1,417 + 864 +156% Worth checking if your quals will be fundable We expect this will mean that we will no longer fund about 2,500 qualifications for new starts from 1 August 2013. Spreadsheet of 2,488 learning aims If you wish to notify us about qualifications with low or no enrolments that you think we should continue to fund, please complete and return the Notification Form and Summary of Notifications Form to qualifications@skillsfundingagency. bis.gov.uk by midday on Wednesday, 6 March 2013 http://qcf.skillsfundingagency.bis.gov.uk/qcf-funding/implementation/ For more events visit www.lsect.com 10

Shadow Funding Software (SFS) Version 2 includes further functionality to enable better comparisons between the current 2012/13 calculations and shadow funding calculations; allows providers to calculate shadow funding from either 2012/13 or 2011/12 data, the latter option in the Shadow Funding Software supersedes the Shadow Funding functionality present in LIS 19.04 which should no longer be used. http://www.thedataservice.org.uk/services/datacollection/software/shadow+funding/ Curriculum planning summary Natural temptation will be to model every qualification with rate in SFA spreadsheet At what point does a fall in funding rate warrant redesign of delivery or removing/replacing? -5%? -10%? An increase in funding rates could mean planning less as who wants to over-deliver? Impact (winners and losers) likely to be very varied, and with in-year funding you are in control How will awarding organisations respond, and how to ensure right quals rather than just well funded? For more events visit www.lsect.com 11

SFA Funding Rules 2013/14 #FEparty FE loans : SFA funding rules 2013/14 Section Page 24+ Advanced Learning Loans 62 Qualifications funded through Loans 62 Number of Loans 63 Deciding whether learners are eligible for a Loan 64 Loan amounts and financial contributions 64 Information needed 64 Payments 66 If the learner s circumstances change 68 Retrospective applications and changes 68 Evidence required 69 http://readingroom.skillsfundingagency.bis.gov.uk/sfa/funding_rules_2013_14_jan_2013.pdf http://skillsfundingagency.bis.gov.uk/providers/programmes/24advancedlearningloans/ For more events visit www.lsect.com 12

24+ Advanced Learning Loans For learners aged 24 or over, from 2013/2014 our funding for provision at level 3 and 4, and for advanced- or higher-level Apprenticeships, will end and be replaced with Loans (except TUC learning aims and ex-military personnel) Qualifications funded by a loan Programme of A-levels (including AS, A2 and full A-levels) QAA Access to HE Diplomas QCF Certificates at levels 3 and 4 QCF Diplomas at levels 3 and 4 Level 3 (advanced) apprenticeships Level 4 (higher) apprenticeships Units and provision funded via the Code not eligible Number of loans Learners are entitled to up to four Loans, for four learning aims or Apprenticeship frameworks, where each Loan is for a different category of provision (on previous slide) But: Every learner who has previously withdrawn from a learning aim will be given one more chance to access a repeat Loan, taking the potential maximum number of Loans up to five. This repeat Loan can only be for the same learning aim or the same type of learning aim at the same level that the learner previously withdrew from. With the exception of AS/A2/A-levels, a learner can only take out a loan on one of the qualifications (if delivered as part of a programme) For more events visit www.lsect.com 13

Eligibility Loans will be non-means-tested and will be available to eligible learners aged 24 and over studying in England for learning aims we approve at a provider we approve in England. The Student Loans Company will be responsible for assessing whether learners are eligible. Loans amount and fees Minimum loan value of 300 Can charge a loan fee up to LARA Max (-50% for apprens) SFA on Thursday published Maximum Loan Amount spread sheet for apprenticeships The SLC will make payments to providers their online learning provider portal http://www.lpservices.slc.co.uk/ Applying for a loan If the learner decides to apply for a Loan, you must give them information in the learning and funding information letter to help them make their application. This letter is vital in the application process, as otherwise the learner will not have the relevant information to fill in either the paper or online Loan application. Must include loan value Provider funding You must fill in an ILR for Loans-funded learners, and make sure that it matches the information you have filled in on the loans portal. And you have to reconfirm attendance every 3 months The definition of a start for the purposes of loans is 2 weeks Payment is in loan / months instalments No achievement element nor appren discount rates For more events visit www.lsect.com 14

Bursary fund The Loans Bursary Fund is aimed at helping vulnerable learners such as those with learning difficulties or disabilities, parents who need help with childcare, and exmilitary personnel. The fund will be distributed as decided by the provider and is not an entitlement. The Loans Bursary Fund is a separate allocation which will be paid monthly based on ILR returns, and claimed by the providers as a fixed monthly rate, with a higher rate paid for learners needing childcare or residential support. In exceptional circumstances, funding above the fixed monthly rate may be needed. See para 293-299 For more events visit www.lsect.com 15

Subcontracting : SFA funding rules 2013/14 Section Page Contracting and subcontracting 73 Subcontracting 75 Procurement 76 Contracting 76 Terms that must be included in contracts with subcontractors 77 Monitoring 78 Second-level subcontracting 79 Reporting subcontracting arrangements 79 Distributing income between you and the subcontractors 79 Evidence required 81 http://readingroom.skillsfundingagency.bis.gov.uk/sfa/funding_rules_2013_14_jan_2013.pdf Subcontracting : SFA funding rules 2013/14 NEW Distributing income between you and your subcontractors You must publish your supply-chain fees and charges policy on your website before entering into any subcontracting agreements for the 2013/14 academic year. You must, as a minimum, include the following in your supply-chain fees and charges policy: Your reasoning for subcontracting The policy s contribution to improving your and your subcontractor s quality of teaching and learning The typical percentage range of fees retained to manage subcontractors, and how this range is calculated The support subcontractors will receive in return for the fee you charge If appropriate, the reason for any differences in fees charged for or support provided to different subcontractors Payment terms between you and your subcontractors timing of payments in relation to delivering provision and timescale for paying invoices and claims for funding received How and when the policy is communicated to and discussed with current and potential subcontractors Timing for policy review Where the policy is published For more events visit www.lsect.com 16

Subcontracting : SFA funding rules 2013/14 You must also publish data on the actual level of funding paid and retained for each of your subcontractors in 2013/14. This data must be published within 30 days of the 2013/14 ILR closing You must, as a minimum, include the following in your published supply-chain fees and charges: Name of the subcontractor UKPRN number of the subcontractor Contract start and end date Type of provision (for example, 16-18 Apprenticeships, 19+ Apprenticeships, classroom learning, workplace learning Funding we have paid to you for provision delivered by the subcontractor in that academic year Funding you have paid to your subcontractor for provision delivered in that academic year Funding you have retained in relation to each subcontractor for that academic year If appropriate, funding your subcontractor has paid to you for services or support you have provided in connection with the subcontracted provision Subcontracting : SFA funding rules 2013/14 You must publish this information on fees and charges alongside your supply-chain fees and charges policy to allow all your supplychain fees and charges information to be viewed in context. Your fees and charges information should only include provision subcontracting. Provision subcontracting is when you subcontract the delivery of full programmes or frameworks. It is not subcontracting the delivery of a service as part of the delivery of a programme (for example, buying the delivery of part of an Apprenticeship framework or outreach support). If you are not sure whether your subcontracting arrangements are defined as provision subcontracting, discuss this with your relationship manager. For more events visit www.lsect.com 17

Final Q&A For more training events visit www.lsect.com For more events visit www.lsect.com 18