Guidance

Adult education budget (AEB): funding rates and formula 2023 to 2024

Details of the 2023 to 2024 funding system for the AEB and 16 to 18 traineeships

From:
Education and Skills Funding Agency
Published
31 May 2023

Applies to England

Documents

ESFA Funded Adult Education Budget Funding Rates and Formula 2023 to 2024

PDF, 497 KB, 35 pages

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Details

This document sets out how we will fund activity for ESFA funded AEB and continuing 16 to 18 traineeships. In this version, we have described:  

  • how we fund learning through the new AEB procurement that has taken place 
  • how we are integrating traineeship provision into the AEB for new learning starting from 1 August 2023
  • a change to the procured and non-procured version of the “National Skills Fund” funding line types to “NSF Free Courses for Jobs” funding line types 

This guide covers delivery starting in the 2023 to 2024 funding year. We may publish further updates through the course of the year and we will tell you about any changes in ESFA Update. 

If you have any queries after reading our guidance contact us, marking your query for the attention of the 19+ Calculations group.

Published 31 May 2023