Academy and free school funding agreement: multi-academy trust

Model funding agreement for multi-academy trusts establishing new academies and free schools.



The funding agreement provides the framework for your academy or free school to operate in. These model funding agreements are for:

  • schools in the process of becoming an academy with a multi-academy trust
  • groups opening a free school with a multi-academy trust

You’ll need to complete your memorandum and articles of association alongside your funding agreement.

We have provided the funding agreement in Word and ODT format.

More guidance on converting to an academy and on opening a free school is available.