ESFA Update academies: 30 August 2023
Published 30 August 2023
Applies to England
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1. For action: submit your academic year 2022 to 2023 16 to 19 tuition fund spend and tell us how you have used your additional hours
If you have submitted your form to tell us about your 16 to 19 tuition fund and additional hours, thank you. You do not need to read any further.
The submission deadline is 11:59pm on 13 October 2023. You can submit your information now, don’t wait until the deadline. We’ve produced guidance to help you return your information.
Failure to submit a report on 16 to 19 tuition fund spend means that we will recover 100% of your academic year 2022 to 2023 tuition funding.
You will need to submit a digital form if your organisation either received:
- 16 to 19 tuition fund for the academic year 2022 to 2023 and/or
- the additional hours baseline data report sent to you in June 2022, based on returns your institution made in academic year 2020 to 2021
If you have any questions after reading the guidance, please contact us our enquiry form.
2. Information: additional support for schools in financial difficulty in 2023 to 2024
We have published an outline of DfE’s plans for the £40 million additional funding in 2023 to 2024, announced in July 2023.
The £40 million will be used to expand existing support available to schools that find themselves in particular financial difficulties. As usual, academies in serious financial difficulty should continue to contact ESFA for advice and support.
We will update the webpage with further details in due course.
3. Information: Power Hour (15 September) – academies chart of accounts, data gathered from online forms and automation of trust financial data
Would you like to know more about academies chart of accounts, data gathered from online forms and automation of trust financial data?
Join the next Power Hour on Friday 15 September from 10am to 11am.
This session will be led by the Academies Financial Forms team and will include:
- background to the academies chart of accounts (CoA)
- the benefits and results of CoA
- automation of financial data and how to use it
- next steps for academies and the department
There will be an opportunity to ask questions and the team will answer as many as possible during the event.
Register now to guarantee your place.