Full article here – https://feweek.co.uk/2017/09/29/revealed-200m-adult-education-budget-underspend/
Extracts below:
Multiple sources have confirmed to FE Week that around 13 percent of the £1.5 billion AEB budget went unspent in 2016/17 – a situation sector leaders described as “worrying” and “frustrating”.
David Hughes, the AoC’s chief executive, said he has been discussing the underspend with the ESFA to “help them understand how frustrating this is for colleges”.
He told FE Week there was “no surprise” the underspend was this large and said 2016/17 had been the first year in which new ESFA rules “restricting the types of students, courses, and activity that could be funded” took effect.
Last week, FE Week reported that roughly £1 billion-worth of advanced learner loans had gone unspent since 2013.
Qualifi’s regulated vocationally related qualifications at Level 3 to Level 6 inclusive are Advanced Learner Loan recognised, providing a means by which providers can encourage and support their local community of learners to access learning and progress into higher education. To become an approved Qualifi centre please visit our website at https://qualifi.net/centres/