No delay to simplification of adult funding formula
The Skills Funding Agency (SFA) is rumoured to be shortly announcing a delay to the full roll-out of a new funding formula for 2012/13.
However, the SFA deny this is the case, and reassure FE Week that: “Work to introduce a simplified funding system, as set out in the BIS document Further Education – New Horizon, Investing in Skills for Sustainable Growth November 2010 (click here), is continuing as planned”.
Which is why from the original 12 or 16 simplified funding rates (award, cert, dip, (2 year dip) at four prog weightings), the last thing i saw was 24 or possibly 30 (i don’t even know)…
mmmm, that’s simplification