Guidance

Colleges: financial intervention and exceptional financial support

How the department will protect students when a college seeks exceptional financial support.

Documents

College financial intervention and exceptional financial support

Details

This document sets out policy on how the Department for Education and the Education and Skills Funding Agency (ESFA) will protect learners when a college has financial difficulties.

This guidance includes information on the:

  • importance of good financial management
  • effects on a college when they seek exceptional financial support
  • decision-making process
  • relationship with area reviews
Published 15 October 2015
Last updated 19 April 2018 + show all updates
  1. Updated guidance to include sixth-form colleges, which are now eligible for exceptional financial support.
  2. Changed the policy owners to DfE and updated the information about area reviews.
  3. First published.