Academies receive funding directly from the government and are run by an academy trust. They have more control over how they do things than community schools. Academies do not charge fees.
Academies have more control over how they do things, for example they do not have to follow the national curriculum and can set their own term times.
Some schools choose to become academies. If a school funded by the local authority is judged as ‘inadequate’ by Ofsted then it must become an academy.
Academy trusts and sponsors
Academy trusts are not-for-profit companies. They employ the staff and have trustees who are responsible for the performance of the academies in the trust. Trusts might run a single academy or a group of academies.
Some academies are supported by sponsors such as businesses, universities, other schools, faith groups or voluntary groups. Sponsors work with the academy trust to improve the performance of their schools.