Glossary
Funding claim
The formal statement a provider makes of what it has delivered and expects to be funded for, at defined points in the year.
In full
Funding claims are made at defined points using ILR data as the basis, and are used to settle the funding position for the period they cover.
A claim is signed off by the provider, which means somebody is asserting that the data behind it is right. That signature is why the pre-claim checks matter.
Where this comes up
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
Learning support is claimed but the evidence chain is incomplete
A learning support claim has been made, but one of the links in the chain is missing: the assessment of need, the record of support actually delivered, the cost of delivering it, or the recording that triggers the claim.
module
Learning support: the evidence chain from need to claim
Need assessed, support delivered, cost recorded, claim made. Every link has to hold, and a gap anywhere makes the claim indefensible however genuine the support was.
scenario
A governor asks what the funding risk actually is
At a board meeting, a governor asks what would have to go wrong for the funding position to be materially misstated. What is a good answer?
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.