Skills Funding Agency
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Annual report and accounts 2015 to 2016
Yesterday (Monday, 11 July) we published our annual report and accounts for 2015 to 2016.
We have a statutory obligation to produce an audited annual report and accounts and lay the report before parliament.
Our role is to fund skills training for further education in England. We support over 1,000 colleges, other training organisations and employers with more than £3 billion of funding each year.
For the financial year 2015 to 2016, we effectively managed over £3.47 billion of government funding and our significant achievements included:
supported 5.7 million learners, including supporting over 500,000 people to gain a level 2 qualification through the 2007 to 2015 ESF programme
established a new delivery network of 21 higher education institutions to deliver higher apprenticeships
completed over 2,500 assessments on colleges and other training organisations to assess their financial stability to deliver SFA funding
over 4.2 million GCSE results and 1.7 million A/AS-level results were loaded into LRS – this is a 13% increase on last year
30,084 new apprenticeships were pledged by employers as part of National Apprenticeship Week 2016 (14 to 18 March)
designated over 2,400 qualifications as eligible for an advanced learner loan
the National Careers Service gave more than 770,000 individuals careers information and advice to help them enter learning and work
responded to 32,000 provider queries through our service centre, with increasing positive feedback from the sector
Latest News from
Skills Funding Agency
National Apprenticeship Week 2017 date announced20/09/2016 07:10:00
The National Apprenticeship Service has announced that the 10th annual National Apprenticeship Week will be taking place from 6 to 10 March.
Employers and training providers to road-test the new digital apprenticeship service02/09/2016 16:12:00
As part of a pilot employers and training providers will be able to test the service from start to finish to make sure it meets their needs.
Work placements boosting prospects of young people01/09/2016 12:12:00
Youth Offer figures show nearly 450,000 work experience and sector-based work academy pre-employment training placements started since 2012.
National Apprenticeship Awards 2016 - regional finalists announced18/08/2016 11:20:00
The regional finalists for this year’s National Apprenticeship Awards have been announced.