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ERIC Number: ED601928
Record Type: Non-Journal
Publication Date: 2019-Sep
Pages: 41
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Available Date: N/A
Area Review: End of Programme Report. Restructuring of the FE Sector 2015-2019
UK Department for Education
On July 20, 2015, the National Audit Office (NAO) published its report "Overseeing the financial sustainability in the further education sector." The NAO examined oversight of the financial sustainability of the FE sector in England, with specific focus on general further education colleges (GFECs) (excluding sixth form colleges (SFCs)). One of the key findings of the report focused on the rapidly declining financial health in the FE sector since 2010/11. Whilst there were, and still are, many excellent further education (FE) colleges, there was an increase in the number requiring exceptional financial support (EFS), or likely to need it in the short to medium term, to continue to operate. Therefore, reform was necessary to address some of the underlying reasons for the financial pressures that many colleges were facing. In response to the NAO report, the Government announced in a policy statement on July 20, 2015 a programme of area reviews to review post-16 education and training institutions across England. The purpose of this report is to provide a factual record of the implementation of the area review programme. This report gave the opportunity to publish information about the restructuring facility (RF) funding and transition grants that were made available to support the implementation of the programme.
UK Department for Education. Castle View House East Lane, Runcorn, Cheshire, WA7 2GJ, UK. Tel: +44-37-0000-2288; Fax: +44-19-2873-8248; Web site: http://www.education.gov.uk
Publication Type: Reports - Evaluative
Education Level: Postsecondary Education; Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Department for Education (DfE) (United Kingdom)
Identifiers - Location: United Kingdom (England)
Grant or Contract Numbers: N/A
Author Affiliations: N/A