Adult Skills Fund: Major Overhaul of Adult Education Funding for 24/25
The Department for Education has announced significant changes to adult education funding in England, with the current Adult Education Budget (AEB) transitioning to a new…
The Adult Education Budget (AEB) serves as a catalyst for initiating career paths. This government-funded initiative is available for both employers and individuals, offering financial support for a diverse range of training opportunities.
The AEB caters to the educational and training needs of individuals aged 19 and above. Qualifications covered by the AEB encompass foundational English and maths skills, basic digital proficiency, and adult community learning programs.
AEB funding is designated to support three statutory entitlements for eligible adult learners seeking full funding. These entitlements apply to English and maths qualifications, up to and including level 2, for individuals aged 19 and over who have not previously achieved a GCSE grade A* – C or grade 4, or higher.
In response to the consultation document titled ‘Skills for jobs: Implementing a new further education funding and accountability system,‘ the Department for Education (DfE) is unveiling two significant amendments to the funding structure of the Education and Skills Funding Agency (ESFA) adult skills.
For the academic year 2023 to 2024, a new flexibility in funding innovative provision will be introduced into the adult education budget (AEB) funded by ESFA. Subsequently, in the academic year 2024 to 2025, new funding rates will be implemented for the ESFA skills fund, encompassing the AEB.
The Department for Education has announced significant changes to adult education funding in England, with the current Adult Education Budget (AEB) transitioning to a new…
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