Intro to FE funding and the ILR Agenda 13:30 The basics of EF A - PDF document

Intro to FE funding and the ILR Intro to FE funding and the ILR 13:30 start 16:30 finish Nick Linford Director at Lsect Intro to FE funding and the ILR Agenda 13:30 The basics of EF A per learner and S F A (incl. apprenticeships) matrix funding and the relationship between funding and the ILR 15:15 Refreshment break 15:30 Highlighting the most funding sensitive parts of the ILR for EF A and S F A funding 16:00 Top tips on using funding and ILR related tools, including FIS , LARs, DS ATs and other uses for the ILR, including the QS R, NS RT , Minimum S tandards, S ARs and the S FR 16:30 End For more training visit www.lsect.co.uk 1

Intro to FE funding and the ILR FE funding split by age £ http://tinyurl.com/28gyxba http://tinyurl.com CEO, Peter Lauener /mpxvrh2 Pre-19 (young) 19+ (adult) Matthew Hancock, Minister College/training for Skills and Enterprise provider £ http://tinyurl.com Interim CEO, http://tinyurl.com/b2efr77 /q7qrgou Barbara Spicer Two very different national funding formulas, both new for this year (2013/ 14) - Funding per learner S tudy program including full- £ - Paid based on lagged £ time, part-time learner number allocation and Traineeships Adult S kills Budget, including - Funding per enrolment classroom, £ £ - Paid based on in-year traineeships, enrolments apprenticeships and other- workplace For more training visit www.lsect.co.uk 2

Intro to FE funding and the ILR The funding is the ILR… Funding Information System (FIS) for indicative funding Provider Funding Report (PFR) values, errors and warnings £ ILR xml file IM services online Hub College/training £ provider student system ? Data Self Assessment Toolkit (DSAT) for Any funding error checking data credibility EF A funding booklets http://tinyurl.com/lohc5a3 http://tinyurl.com/qyulmdb http://tinyurl.com/njht53s http://tinyurl.com/ktgzkab http:/ / webarchive.nationalarchives.gov.uk/ 20131216163513/ http:/ / www.education.gov.uk/ about dfe/ executiveagencies/ efa/ funding/ fundings/ b00222378/ funding-guidance-2013-t o-14 EF A funding booklets as presentations http://www.education.gov.uk/aboutdfe/executiveagencies/efa/funding/b002 31080/16 ‐ to ‐ 19 ‐ funding ‐ guidance/additional ‐ resources ‐ for ‐ institutions EF A funding bulletins http://www.education.gov.uk/aboutdfe/executiveagencies/efa/efaebulletins For more training visit www.lsect.co.uk 3

Intro to FE funding and the ILR Intro to the EF A funding methodology The EF A multiply the funded student numbers in each planned hour band by the corresponding national funding rate (see next slide), and then apply historical institutional weightings which are pre-determined as part of the lagged student number imples  approach to setting allocation. S In setting allocations the information within the formula comes from multiple ILR fields, as well as more than one ILR return For the 2014/ 15 allocation the 2012/ 13 ILR R14 is used for weightings, the learner banding percentages and an in-year ratio and the 2013/ 14 ILR R06 is used for a learner count Rate based on hours recorded in the ILR Funding from the EF A is now per learner, and as part of a ‘ study programme’ it is expected nearly all will be full-time, based on a minimum of 540 planned learner hours between 1 August and 31 st July (academic year) Student status Hours required Hours National funding band per academic year funded at rate for 2013/14 Full time 540 + 600 £4,000 Band 4 450-539 495 £3,300 Band 3 360-449 405 £2,700 Band 2 280-359 320 £2,133 Band 1 up to 280 % of 600 £6.67 per hour Note: EF A have confirmed these rates for 2014/ 15, with exception of full time 18 year-olds, who will be funded at the part time Band 4 rate (17.5% less than the full time rate, capped at max 2% cut next year) For more training visit www.lsect.co.uk 4

Intro to FE funding and the ILR Definition of a start (EFA and SFA) The learner (ILR) data contains start and planned end data, as well as actual end data when a learner withdraws or finishes Planned number of days in learning Qualifying number of days Fewer than 14 days 1 (one attendance) Between 14 and 167 days 14 (two weeks) 168 days and greater 42 (6 weeks) If an enrolment does not meet the qualifying criteria it will not be counted for learner or funding purposes Note These definitions are also used to determine the qualifications counted in the success rate report ing, as used by Ofsted and in your own S elf-Assessment Reporting 19+ funding formula and rules (per enrolment funding) http:/ / tinyurl.com/ dypsfwt http:/ / tinyurl.com/ p5zzagw http:/ / tinyurl.com/ qfvwzl5 http://tinyurl.com/odftjf9 x x x x = DU ACU BR PW Discounts Base rate Programme Disadvantage Area cost Employer Funding Weighting uplift uplift discounts For more training visit www.lsect.co.uk 5

Intro to FE funding and the ILR New ‘ matrix’ funding rates Adult S kills Budget learners (including apprenticeships and traineeships) are funded on an in-year per enrolment basis with rates from the new QCF based matrix: High Base rate Low rate Medium rate Specialist rate Funding band rate (1 PW) (1.12 PW) (1.3 PW) (1.72 or 1.92 PW) (1.6 PW) Awards (1 credit) £50 £56 £65 £80 £86 or £96 Awards (2 credits) £100 £112 £130 £160 £172 or £192 Awards (3-5 credits) £150 £168 £195 £240 £258 or £288 Awards (6-8 credits) £300 £336 £390 £480 £516 or £576 Awards (9-11 credits) £450 £504 £585 £720 £774 or £864 Awards (12 credits) £600 £672 £780 £960 £1,032 or £1,152 Certificate (13-24 credits) £724* £811 £941 £1,159 £1,246 or £1,390 Certificate (25-36 credits) £1,265 £1,417 £1,645 £2,025 £2,176 or £2,428 Diploma (37 to 48 credits) £1,987 £2,225 £2,583 £3,179 £3,417 or £3,815 Diploma (49 to 72 credits) £2,573 £2,882 £3,345 £4,117 £4,425 or £4,940 Diploma (73 to 132 credits) £4,170 £4,670 £5,421 £6,671 £7,172 or £8,006 Diploma 133 credits or more) £6,602 £7,395 £8,583 £10,564 £11,356 or £12,675 * Rate for Functional S kills Eng and Math and GCS Es is £724 The ‘ matrix’ bands as steps More efficient at start of a step For more training visit www.lsect.co.uk 6

Intro to FE funding and the ILR Co-funding Co-funded non-apprenticeship qualification (unweighted) ACU _ x x x x PW = BR DU BR 0.5 Co-funded apprenticeship qualification (weighted) ACU x 0.5 x x x PW = BR DU Also… Apprenticeship ‘ large employer discount’ of 25% Apprenticeship have three different rates based on age (16-18, 19-23 and 24+) S F A payments Payments are based on ILR data returns, with monthly on- programme instalments (80% ) and an achievement payment (20% ) Monthly on-programme (OP) instalment funding includes a double payment in month one (sometimes referred to as n+1). For example, if OP was £10,000 over 9 months then month one would be £2,000 and following 8 months would be £1,000 each Assuming a learner passes the qualifying period but withdraws during the course, the last OP instalment would be the month before they dropped-out There is a potential ‘ j ob outcome payment’ of half the achievement payment for eligible non-achieved learners For more training visit www.lsect.co.uk 7

Intro to FE funding and the ILR The funding is the ILR… (so let’s look at it in more detail) Funding Information System (FIS) for indicative funding Provider Funding Report (PFR) values, errors and warnings £ ILR xml file IM services online Hub College/training £ provider student system ? Data Self Assessment Toolkit (DSAT) for Any funding errors checking data credibility The Individualised Learner Record “ The data collected in the ILR is used to ensure that public money distributed through the S F A and the EF A is being spent in line with government targets for quality and value for money, for planning, and to make the case for the sector in seeking further funding.” A 170+ page “ technical specification of the data collection requirements and file format of the ILR to enable the intended audience to be able to meet the requirements for ILR data returns” Via the links you will also find the returns timetable. The last return for 2013/ 14 is on the 24 October 2014 The last return for 2014/ 15 is on the 23 October 2015 http://tinyurl.com/pcsusje http://tinyurl.com/meneg2y The ILR counts nearly 100 different data fields For more training visit www.lsect.co.uk 8

Intro to FE funding and the ILR Funding model in the ILR is critical Learning aim field All critical for determining SFA funding rate, and SFA and EFA performance monitoring at enrolment level Funding eligibility and rates on LARS Lite: http:/ / data.gov.uk/ dataset/ learning-aim-reference-service For more training visit www.lsect.co.uk 9

Intro to FE funding and the ILR Two new planned hour fields = EF A funding band S tart/ end dates, completion and outcome Learning start date All critical for determining qualifying period, instalments and Learning planned end date outcome payments Learning actual end date For more training visit www.lsect.co.uk 10

Intro to FE funding and the ILR Funding and monitoring types (incl. co-funding) New in for 2013/ 14 is the identification of the ‘ core aim’ for EF A learners Core aim in the ILR is critical for EF A funding New in for 2013/ 14 is the identification of the ‘ core aim’ for EF A learners Both only based on the core aim For more training visit www.lsect.co.uk 11