Glossary
Funding map
A picture of every funding stream a college receives, how each is earned and what each depends on.
In full
A funding map sets out each stream, its allocation basis, how it is earned, when it reconciles and what data drives it.
For a leader new to further education, it is the single most useful thing to build: it turns a list of income lines into a set of understandable mechanisms.
Where this comes up
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
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.
module
How further education funding actually works
Colleges are not paid a block grant for teaching. They are funded through several separate streams, each with its own rules, and each earned by recording delivery in the ILR.
module
FIS and Submit Learner Data: the submission workflow
When to validate locally, when an actual submission is needed, what each report tells you, and how resubmission works within a collection window.
module
Reading an allocation statement
What an allocation is, which elements are formula-driven, which are lagged, and what to reconcile it against.
module
From a learner walking in to funding arriving
The full chain: a learner event, the operational action it triggers, the source data it creates, the ILR fields it populates, validation, funding, reports, evidence, performance and audit.