Funding & Allocation Analysis Support
Pro16 Plus Data Analysis Services can offer full support throughout the funding allocation process which includes a full review of the data provided by the EFA to calculate the learner numbers bandings and various factors used to calculate the actual allocation.
Pro16 Plus Data Analysis Services can assist in the early identification of “vocational” learners to ensure that their learning programme identifies their “core aim” and that their retention status is maximised.
Pro16 Plus Data Analysis Services can prepare outline business cases where necessary for submission to the EFA.
Pro16 Plus Data Analysis Services can assist in analysing the financial implications of particular study programmes for individual students, and approaches to maintaining suitable records to support the allocation/audit process
Pro16 Plus Data Analysis Services can produce early indicative allocation envelopes to enable institutions to plan early for their future delivery and also advise on individual subject level notional budgets and subject level economic viability.
Pro16 Plus Data Analysis Services can act as an advisor in relation to the funding of shared and/or sub contracted provision.
Pro16 Plus Data Analysis Services can identify clearly elements of the allocation for management accounting purposes, such as identification of the value of deprivation funding and how this is used to support disadvantaged Sixth Form Learners. Ofsted Reports have shown that schools allocating the (pupil premium/disadvantage) money most successfully have seen standards rising and opportunities broadening.
Pro16Plus Data Analysis Services offer specialist support in the identification and recording of High Needs Block Learners
A change to a single learner’s retention status could mean an additional £2,000 to the following year’s allocation;
High Needs Block learners attract a minimum of an additional £6,000 of funding over and above the standard learner funding:
Guide Cost £1000 per Institution.
- Funding Analysis of Current Allocation
- Funding Action Plan
Census & Enrolment Support
Basic Viability Data
Analysis of EFA Allocation Data & Preperation of Business Case
In Year support and advice