We provided the funding agreement in Word and ODT format. In the list of search results, click on the name of the Academy whose promotion agreement you want to see – it redirects you to its individual school page. The DfE has not yet published revised funding agreements for non-traditional projects such as: If you are a school being passed to a mainstream academy with only one academy trust, you can also conclude the online funding agreement. You must complete your brief and status at the same time as your financing contract. The funding agreement is the framework for your school or school. These model funding agreements are in favour of: perhaps the most important changes to funding agreements relate to governance. While the 2020-2021 CIF nomination cycle is now complete for applications, Academy trusts may consider updating their funding agreement before the next round, as this additional point assessment base is likely to be the same next year. The AMF is concluded between the Secretary of State for Education (SoS) and the Multi Academy Trust (MAT) and is the framework under which the MAT agrees to work in exchange for funding. The AMF looks at issues such as authorizations, exclusions and reporting obligations. Model funding agreements are published on the ministry of education `DfE` website Model funding agreements Use the model funding agreement if you are a: Further advice on college conversion and the opening of a free school are available.
High schools wishing to convert to an academy should use standard choice documents. In addition, changes must be made to existing funding agreements published prior to the revised June 2014 version. Changes that need to be made depend on the version used by the Academy, but include either the full replacement of the documents with the new version of the model, or the addition of additional provisions to ensure that they match those contained in the revised document. Each academy will need an SFA next to the AMF, and these agreements should be read in relation. So when should you update your funding agreement? An academy`s grant agreement can be reached on its individual school page. Added April 2016 Version of the “Mainstream Academy and Free School Model Funding Agreement: Unique Academy Trusts” document. The DfE recently published new model funding agreements for individual and multi-academies and free schools. The Master Funding Agreement is the contract between the Minister of Education under Section 2, the Academies Act 2010 and the Multi Academy Trust. The funding agreement defines how the trust of the Academy and schools should be managed within the framework of the Academy`s trust. Funding agreements often vary from school to school. Since the publication of the first model funding agreements, the policy has changed several times, and many academic trusts with older documents may not be aware of the following changes, which could be beneficial to the trust: funding agreements have been restructured in a more logical order, using simpler language and adding a number of additional provisions. These include specific requirements for pupils who need to be informed about the evolution and promotion of British values.
If you need advice or assistance in determining changes to your funding agreements and/or governance training to ensure compliance with the new governance requirements, please contact Chris Billington on 0113 244 6100. Once there, you`ll find the financing contract in the “Downloads” section on the right side of the page. Single Funding Agreement and Master Funding Agreement For more details on the additional changes and provisions added to the revised funding agreements, as well as changes to existing funding agreements prior to the June 2014 release, please contact us.