Correspondence

SFA: priorities and funding for 2014 to 2015 financial year

Letter to SFA from Vince Cable, Secretary of State for Business, Innovation and Skills, setting out priorities for the Agency over the 2014 to 2015 financial year.

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Priorities and funding for 2014 to 2015 financial year

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Expands upon the priorities that were included in the Skills Funding Statement 2013-16 published in February 2014 and the FE College Capital Investment Strategy published in December 2012.

This letter confirms that in the 2014 to 2015 financial year,the Agency will receive BIS funding of £3 ,445.7m (including admin costs of £81.7m) .