Glossary
Funding model
The ILR field that determines which funding rules and which calculation apply to a learning delivery.
In full
The funding model is the switch that decides which rulebook applies. 25 is 16 to 19, 36 apprenticeships, 38 Adult Skills Fund, 11 tailored learning, 37 Skills Bootcamps and 99 non-funded. Legacy models continue only for aims that started under them.
If the funding model is wrong, everything downstream is wrong: the rules applied, the money calculated, the reports the record appears on and the evidence an auditor will ask for.
The rules behind this
The funding model recorded against a learning delivery determines which funding rules, which calculation and which reports apply to it.
Where this comes up
scenario
An adult learner is recorded under the wrong funding model
An aim has been recorded under a funding model that does not match the provision. Everything downstream is assessed against the wrong rulebook.
diagnostic
An aim is on the ILR but generates no funding
The aim validates and appears on the ILR, but generates no earnings. Validation and funding are different tests: a record can be perfectly valid and still not qualify for funding.
diagnostic
Funding dropped this month and nobody can explain why
The funding report for this period shows less than expected, or less than last period. Because every return restates the whole year, a change made this month can move earnings reported in earlier months, so the drop may have nothing to do with this month's delivery.
module
Building a funding map for your college
A funding map sets out every stream a college receives, how each is earned, when it reconciles and what data drives it. It is the fastest way for a finance or leadership newcomer to become useful.
module
What curriculum decisions do to funding
Curriculum teams make funding decisions every week without calling them that. This module connects each decision to the data it creates and the money it moves.
module
16 to 19 funding: how the formula actually works
Student numbers, band, national rate, retention, programme cost weighting and uplifts. Where each element comes from, and which of them your own data controls.
Sources
These are the official documents this page rests on. Where a figure, a deadline or an exact rule matters, the document is the authority and this page is the explanation.
Content reused from GOV.UK is Crown copyright, used under the Open Government Licence. FEFunding is not endorsed by the Department for Education.