Education and Skills Funding Agency
Sound governance and internal control reflected in the Education and Skills Funding Agency’s (ESFA) first annual report
The ESFA has a sound system of governance and internal control, in its first annual report, which the Comptroller and Auditor General has certified, receiving an unqualified audit opinion.
Since 1 April 2017, we have managed and distributed timely and accurately, just over £61 billion to fund all education and training for all 5 to 16 year-olds, and post-16 apprenticeships and skills in England.
We achieved this whilst implementing significant reforms in the sector, including:
- the biggest change to the school funding system for well over a decade, the National Funding Formula the formula will create a fairer system helping to create a world-class education system, which allows every child to achieve their potential, whatever their background
- launching the apprenticeship service, which has helped support 220,000 new apprentices into an apprenticeship and enabled 14,000 employers who have signed up so far, to take control of their apprenticeship funds through the service
- ensuring young people learn in an environment where they can fulfil their potential by funding and monitoring an increase of 1,096 academies and completing works at 55 schools through the Priority Schools Building Programme
- during this annual reporting year, opening 55 free schools under the Free Schools Capital Programme with a capacity of around 34,000 school children
- supporting the implementation of 31 college mergers, and the conversion of 18 sixth-form colleges to academy status this year
- allocating £56.6 million to 415 institutions/training providers to build capacity for the delivery of T Levels from 2020 including the crucial work experience placements
- through the European Social Fund (ESF) 2014 to 2020 programme supporting over 233,000 learners and in managing the programme achieving no funding errors in our 2017 to 2018 accounting year
- supporting the next generation of this country’s Olympic hopefuls, by funding £4.5 million to support 1,550 elite young sports people to receive support alongside their academic studies
The ESFA’s remit continues to expand and, we remain alert to the needs and expectations of the sector to ensure we are properly safeguarding public money, for which we are responsible.
Latest News from
Education and Skills Funding Agency
Blazing a Trail with National Apprenticeship Week 201914/12/2018 12:25:00
‘Blaze a Trail’ will be the theme for National Apprenticeship Week 2019 (NAW 2019), Apprenticeships and Skills minister Anne Milton announced yesterday (13 December).
Post 16 funding arrangements published for 2019 to 202013/12/2018 12:07:00
Post-16 funding letter for the 2019 to 2020 academic year published
ESFA extends Schools Resource Management Adviser pilot10/12/2018 09:25:00
ESFA is extending its School Resource Management Advisers pilot, which found £35 million of savings and revenue generation opportunities, to August 2020.
Apprenticeship stars take centre stage at National Apprenticeship Awards 2018 ceremony29/11/2018 14:47:00
The National Apprenticeship Awards 2018 included hundreds of apprentices, employers and individuals from across England.
'Opportunities Through Apprenticeships' project is launched21/11/2018 16:15:00
New scheme to boost access to apprenticeships in disadvantaged areas is launched
Have your say in our customer communications survey21/11/2018 14:05:00
Your opportunity to tell us your views on our communications
Apprenticeships at WorldSkills UK Live – 15 to 17 November12/11/2018 17:10:00
The National Apprenticeship Service will once again be supporting WorldSkills UK Live, formerly known as The Skills Show, when it takes place at the Birmingham NEC in mid-November.
UK and Colombian researchers working together for sustainable peace12/11/2018 12:38:00
Ten new research projects announced by UK Research and Innovation (UKRI) will address issues facing Colombia’s transition from conflict to peace.
Stunning photos give an insight into world's fastest growing cities05/11/2018 15:25:00
Some stunning images have captured what life is like in some of the fastest developing cities in Africa and Asia - from Dar es Salaam, a city of nearly 5 million in Tanzania, to Chongqing, a sprawling Chinese municipality with a population of over 30 million spread over an area the size of Austria.