Estimating your academy funding allocation
A guide for schools opening as academies to estimate their revenue funding.
Applies to England
Documents
Details
This guide explains how to estimate a new academy’s revenue funding, known as the general annual grant (GAG). It links to online data and has examples for each of the main elements of the GAG.
For free schools, studio schools and university technical colleges (UTCs) we have published further supporting information to assist you to estimate your funding:
Last updated 17 January 2024 + show all updates
-
We have added the guidance 'Estimating your academy funding allocation for academies opening between 1 April 2024 and 31 March 2025' and removed the expired guidance for academies opening between 1 April 2023 and 31 August 2023.
-
We have added the Estimating your academy funding allocation guidance for academies opening from 1 September 2023 to 31 March 2024.
-
We have added the guidance 'Estimating your academy funding allocation for academies opening from 1 April to 31 August 2023' and removed the guidance for academies opening from 1 April to 31 August 2022.
-
Guidance for academies opening from 1 September 2022 to 31 March 2023 added. Guidance for financial year 2021 to 2022 removed.
-
Updated to include 'Estimating your academy funding allocation for academies opening from 1 April 2022 to 31 August 2022.'
-
Updated guidance for academies opening from September 2021 to March 2022
-
Updated to show calculations from May 2021 to August 2021
-
Updated guidance for academies opening from September 2020 to March 2021
-
We have updated both guides
-
We've updated this guidance for academies opening 1 April 2018 to 31 August 2018.
-
Publication of an updated guide for the 2016 to 2017 academic year.
-
First published.