Guidance

Estimating your academy funding allocation

A guide for schools opening as academies to estimate their revenue funding.

• From: Education and Skills Funding Agency
• Published: 20 January 2015
• Last updated: 24 April 2024 — See all updates

Applies to England

Documents

Estimating your academy funding allocation for academies opening between 1 April 2024 and 31 March 2025

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Details

This guide explains how to estimate a new academy’s revenue funding, known as the general annual grant (GAG). It links to online data and has examples for each of the main elements of the GAG.

For free schools, studio schools and university technical colleges (UTCs) we have published further supporting information to assist you to estimate your funding:

• free schools, including special schools and alternative provision (AP) free schools
• UTCs and studio schools

Published 20 January 2015
Last updated 24 April 2024 + show all updates

1. 24 April 2024

   We have removed the now obsolete guidance Estimating your academy funding allocation for academies opening from 1 September 2023 to 31 March 2024.

2. 17 January 2024

   We have added the guidance 'Estimating your academy funding allocation for academies opening between 1 April 2024 and 31 March 2025' and removed the expired guidance for academies opening between 1 April 2023 and 31 August 2023.

3. 9 June 2023

   We have added the Estimating your academy funding allocation guidance for academies opening from 1 September 2023 to 31 March 2024.

4. 17 January 2023

   We have added the guidance 'Estimating your academy funding allocation for academies opening from 1 April to 31 August 2023' and removed the guidance for academies opening from 1 April to 31 August 2022.

5. 13 June 2022

   Guidance for academies opening from 1 September 2022 to 31 March 2023 added. Guidance for financial year 2021 to 2022 removed.

6. 14 January 2022

   Updated to include 'Estimating your academy funding allocation for academies opening from 1 April 2022 to 31 August 2022.'

7. 8 July 2021

   Updated guidance for academies opening from September 2021 to March 2022

8. 27 May 2021

   Updated to show calculations from May 2021 to August 2021

9. 3 July 2020

   Updated guidance for academies opening from September 2020 to March 2021

10. 31 May 2019

    We have updated both guides

11. 10 May 2018

    We've updated this guidance for academies opening 1 April 2018 to 31 August 2018.

12. 11 January 2017

    Publication of an updated guide for the 2016 to 2017 academic year.

13. 20 January 2015

    First published.