Funding rates and formula

The funding rates and the formula used in the funding arrangements for 16 to 19 year olds.


Funding guidance for young people 2018 to 2019 rates and formula

Funding guidance for young people 2017 to 2018 rates and formula

Funding rates and formula: 2017 to 2018 presentation

Funding guidance for young people 2016 to 2017 rates and formula


Colleges, providers, schools and academies receive annual funding allocations from the Education and Skills Funding Agency (ESFA) for provision of 16 to 19 education.

These documents give advice about the use of funds for each funding year.

For the academic year 2018 to 2019, we have made the following additions and updates to this guidance document.

  • a new section on student numbers and funding factors for merged institutions
  • the retention section includes information on retention for 2 year programmes
  • a new section on the work placements Capacity and Delivery fund

Guidance from 2017 to 2016 and 2016 to 2017 are also available on this page.

Published 19 May 2015
Last updated 14 May 2018 + show all updates
  1. The guidance for 2018 to 2019 funding rates and formula have been added.
  2. Funding rates and forumula 2017 to 2018 presentation has been added to the page.
  3. The funding rates and formula for 2017 to 2018 has been added.
  4. Funding guidance for young people 2016 to 2017 rates and forumula has now been added
  5. First published.