Adult Education Budget: Funding Rates and Formula 2023-24

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

  • how they fund learning through the new AEB procurement that has taken place
  • how they 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.