ESFA today (11 Sept) detailed how the department will protect students when a further education college seeks exceptional financial support.
This document sets out policy on how the Department for Education and the Education and Skills Funding Agency (ESFA) will protect learners when a further education college has financial difficulties.
This guidance includes information on the:
- importance of good financial management
- effects on a college when they seek exceptional financial support
- decision-making process
- relationship with area reviews