Guidance

Further education capital transformation fund allocation

Explains how the FE capital transformation fund allocation is calulated and what eligible colleges and designated institutions can spend their allocations on.

Applies to England

Documents

FE capital transformation fund: allocations

Details

The further education (FE) capital transformation programme is providing £1.5 billion to:

  • upgrade and transform the FE college estate
  • significantly reduce the proportion of FE college estate not fit for purpose or in unsatisfactory condition

The final stage of the FE capital transformation funding is through an allocation of approximately £286 million to eligible FE colleges and designated institutions. Information about the previous stages of funding is available.

Eligible colleges should spend this funding on capital projects, prioritising condition improvement of their estate. The spend guidance provides detailed information about what eligible colleges can use the funding for.

The allocation methodology explains the method we have used to calculate the funding.

Published 21 January 2021
Last updated 28 March 2023 + show all updates
  1. Added the FE capital transformation fund allocation spend guidance, allocation spreadsheet and methodology. Updated the page text to reflect that this is the final stage of the FE capital transformation fund.

  2. Added a link to The National Archives for information about stage 1 of the Further Education Capital Transformation Fund.

  3. Updated with information about stage 2 of the application process. Removed information about applying for stage 1 as this stage has closed.

  4. Updated weekly list of queries about the application process.

  5. Updated weekly list of queries about the application process, and confirmed closing date for further queries is 5pm on 17 March 2021.

  6. Updated weekly list of queries about the application process.

  7. The application deadline for the Further Education Capital Transformation Fund has been extended to 22 March 2021.

  8. Updated weekly list of queries about the application process.

  9. Updated weekly list of queries about the application process.

  10. Corrected 'no' response to question 2.2c from 'Please go to Q 2.2g' to 'Please go to Q 2.2d'.

  11. Updated weekly list of queries about the application process.

  12. Added list of queries about the application process.

  13. First published.