The Changing Landscape of Employment Support Future Provision – Skills Funding Agency. Martin Wynn March 20 2013. Overview. The Skills Funding Agency What is it? What does it fund? How does it commission provision? Accreditation of provision for Agency funding.
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Future Provision – Skills Funding Agency
Martin Wynn March 20 2013
Partner organisation of BIS
Funds and promotes adult FE and skills training in England
Skills budget of £4billion
FE & Skills Sector
220 FE colleges
900 training providers
Direction and activity set by BIS
Skills Investment Statement
Promote and secure reasonable adult FE in England
National Apprenticeship Service
Training for adults
“To improve skills so that people can do their jobs better, get new jobs or progress in their careers”
Funding envelopes to colleges and other providers
Freedoms and flexibilities – discretion over expenditure
Meet needs of localities
24+ Advanced Learning Loans
Skills Funding Statement 2012 - 15
Individuals who would otherwise not have trained
Market failures (where strongest)
Colleges and FE providers will be free to decide how best to continue to grow the level of co-investment in order to rebalance the contribution made by employers, individuals and government
Classroom )- Adult Single Budget
Training Providers – For profit & Not for profit
Register of Training Organisations
List of training organisations eligible to be considered for direct funding from the Agency to deliver training.
aggregate value over £100,000 must be on register
Community Learning Trusts
ESF (Community Grants?)
All qualifications approved for public funding are available on the Learning Aim Reference Application (LARA). The Agency also publishes a list of QCF qualifications approved for public funding on the Agency’s website.
Since 1 April 2010, the Agency has had the remit to approve qualifications for public funding for adults in England.
How the Agency decides which qualifications should be funded
When a new qualification is accredited by Ofqual, the Agency reviews it against three principles to determine if it will be approved for public funding.
The three principles are that the qualification:
should be part of a regulated framework
should in the main be unit-based and credit-bearing
is appropriate for public funding and is not displacing sources of funding from other public bodies, employers or individuals.
What are Accredited Qualifications?
Accredited qualifications, also known as regulated qualifications are those that are reviewed, recognised and monitored by the regulatory bodies in order to make sure that they meet specific criteria and quality standards. The requirements for the qualifications to be accredited are set out in the Regulatory arrangements for the Qualifications and Credit Framework. Once proposed qualifications meet the requirements set out in the mentioned document, they are listed in the Register of Regulated Qualifications where can also be found a list of recognised awarding organisations who have the power to award qualifications within the Qualifications and Credit Framework (QCF), the national credit transfer system in England, Wales and Ireland.
Skills Funding Agency
Skills Funding Statement
ESF Community Grants
East Midlands Nottingham and Nottinghamshire Voluntary and Community Sector Learning and Skills Consortium
Yorkshire & Humber Humber Learning Consortium