Source · Select Committees · Public Accounts Committee

Recommendation 17

17

Most college funding follows the learner, and each college’s funding is largely determined by the...

Conclusion
Most college funding follows the learner, and each college’s funding is largely determined by the funding rates per learner and the number of learners it has. Funding for students aged 16 to 19 was by far the largest funding stream in 2018/19, and represented around half of all college income.31 The formula that the ESFA uses to calculate funding for these students is based on student numbers from the previous year, and data for other parts of the formula, such as student retention rates, are taken from two years previously.32
Government Response

A response document is linked to this report, dated 26 March 2021. Response attribution to this conclusion has not been verified. Read the response document ↗