Version 2 of the Adult Education Budget (AEB) funding and performance management rules 2020 to 2021 has been published. These rules apply to all providers of education and training who receive AEB funding from the ESFA. This version includes more information and updates on the COVID-19 skills recovery package. The main changes for version 2 are information about sector-based work academies, high-value courses for college and school leavers: one-year skills offer for 18-19-year-olds and performance management section updates to cover the COVID-19 skills recovery package. A full summary of all the changes is on page 84 of the document. In early August they plan to publish version 3 of the rules which will include updates on traineeships and the sub-contracting response. If you have any queries, you can use the ESFA online enquiry form.
The AEB funding rates and formula 2020 – 2021 version 2 has also been published, setting out the funding system for ESFA funded AEB delivery and 16 to 18 traineeships.