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Glossary

Retention factor

The element of the 16 to 19 formula that reflects how many students completed their main aim.

In full

The retention factor adjusts funding for students who stay on or complete: for academic programmes, at least one of the academic aims; for vocational programmes, the core aim. Students on 2-year programmes count as retained in year 1 if they are in learning on the last working day in June. It is calculated from historic ILR data.

It links data quality directly to income: recording leavers late or incorrectly changes the retention factor and therefore the funding, in a later year.

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