EFA announces Catch-up premium allocations

EFA announces Catch-up premium allocations

Consultant: Steve BarkerDate posted: February 2016

The Education Funding Agency (EFA) published funding allocations and guidance for the 2015-16 Year 7 Catch-up Premium on February 23rd. Governors will want to know the level of this year’s funding and also the conditions on which the Catch-up Premium is paid to schools.

The literacy and numeracy catch-up premium, which is its full name, provides maintained schools and academies with additional funding to support Year 7 pupils who did not achieve at least level 4 in reading or maths at the end of Key Stage 2.

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The Department for Education, through the Education and Skills Funding Agency, has introduced new statutory requirements for academy trusts over related party transactions. These new requirements came into force on 1st April 2019 and apply to all new transactions from that date. It is essential that trustees are aware of these new requirements and seek assurances from their trust that it is fully compliant. To read this article in full, log into your |Better Governor account or simply register, for free, by clicking the orange button.