Model funding agreement for schools or groups establishing a new multi-academy trust.
The funding agreement provides the framework within which your academy or free school will operate.
This model funding agreement is for:
- schools in the process of becoming an academy that will be part of a new multi-academy trust
- groups opening a free school, studio school or university technical college (UTCs) that will be part of a new multi-academy trust
One of the schools in the multi-academy trust will need to use the master document on this page, and the rest should use a supplemental model funding agreement.
Alongside your funding agreement, you’ll also need to complete your memorandum and articles of association.
Published: 6 June 2014
Updated: 19 December 2014
- Updated all documents.
- Updated both model funding agreement documents.
- First published.