Guidance

Financial benchmarking tool for colleges

A tool to help further education colleges, sixth-form colleges, and designated institutions (‘colleges’) established under the provisions of the Further and Higher Education Act 1992 compare their financial performance with others in the sector

Applies to England

Documents

College benchmarking tool for the financial year 2021 to 2022

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Details

Please note that the intended audience for this page is FE colleges, other than Specialist FE colleges funded by ESFA as “Special post 16 institutions” (SPIs) (sometimes described as FE colleges), unless they are a subsidiary of one of the aforementioned organisations.

Users can filter the benchmark population based on certain criteria. The tool provides a number of benchmarking reports, trend analysis and access to the underlying datasets.

The latest version of the tool includes data submitted in colleges’ finance records for the years:

  • 2021 to 2022
  • 2020 to 2021

Additional information is set out in our college accounts direction.

Published 10 April 2017
Last updated 6 July 2023 + show all updates
  1. We have published a revised version of the college benchmarking tool for the financial year 2021 to 2022.

  2. We have published the college benchmarking tool for the financial year 2021 to 2022.

  3. Added the latest version of the tool in for the year 2020 to 2021 and updated guidance.

  4. We have updated the college financial benchmarking tool with data for 2019 to 2020.

  5. We have updated the college financial benchmarking tool with data from 2017 to 2018 and 2018 to 2019.

  6. We have published an updated version of the college financial benchmarking tool and have updated the accompanying guidance.

  7. We have updated the college financial benchmarking tool with improved data accuracy.

  8. Page updated for 2017 to 2018.

  9. First published.