6. Open as an academy
What actions you should take in the first few months after your school opens as an academy.
Your project lead will confirm the date on which EFA will send your academy its first payment. Contact EFA if you don’t receive your first payment on time.
Submit your support grant expenditure certificate
Your chair of governors should fill in the academy financial support grant expenditure certificate and send it to your project lead.
This certificate confirms how much of the support grant you have spent on converting, and whether you are carrying a portion of the grant over into your academy’s budget.
You should publish your final funding agreement on your academy’s website.
You will need to submit several financial returns to the EFA in the weeks and months after opening.
Read EFA’s guidance on financial returns to find out when and how to submit these returns.
Land and buildings valuation
You should complete your academy’s land and buildings valuation within 6 weeks of converting.
Guidance on completing your land and buildings form is available.
Support after conversion
Once you have opened as an academy, EFA will be responsible for allocating your funding, answering any questions you may have.
They’ll also be in charge of monitoring your academy’s compliance with its funding agreement and the ‘Academies financial handbook’.
Contact EFA if you need more information or advice after you have converted.
Questions about teaching schools and leaders of education
The National College for Teaching and Leadership (NCTL) helps schools, including academies, get in touch with national and local leaders of education.
You can contact NCTL for more information.
You may also want to seek advice from peer-to-peer networks, such as: