The ESFA have this week released a guide on the General Annual Grant (GAG) allocations for 2021/22.
Each academy receives a GAG allocation statement, which is uploaded to the ESFA’s Information Exchange portal.
This statement shows the allocation of funding every year to open academies, including free schools, university technical colleges (UTCs), special schools and alternative provision (AP) academies.
There are a couple of changes to this year’s statement which can be seen below.
Teachers Pay Grant
The funding is now to be delegated through the dedicated schools grant (DSG). The funding will now form part of the school budget share funding set by local authorities.
Post – 16 Funding
This is to be removed from the GAG and will be available on the 16-19 statement via the document exchange.
Special & Alternative Provision Academies and Special Free Schools
We have attached the guides on the links above that have been released by the ESFA which go into more detail.
As you can imagine, there is quite a bit of information there, so if you any questions or require any support then please don’t hesitate to contact our finance team on 0345 222 1551 • Option 2, or email email@example.com.