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This page relates to the 2013 to 2014 academic year. Please visit our 16 to 19 funding pages for the latest information.
Explanatory note for further education institutions about EFA 16 to 19 allocation statements for the 2013 to 2014 academic year.
This publication will give further education institutions background information they need to understand their funding allocation statement.
Colleges, providers, schools and academies receive annual funding allocations from the Education Funding Agency (EFA). Funding is calculated using our funding formula that incorporates factors including student numbers, student retention, higher cost subjects, disadvantaged students and area costs.
This is supplemented by additional funding for high needs students, bursaries and other financial support awarded to individual students and, currently, transitional protection and Formula Protection Funding to take into account changes from previous funding arrangements.