The Adult Education Budget (AEB) was replaced by the Adult Skills Fund (ASF) no 1st August 2024.
Funding rates for individual qualifications are now determined by multiplying the relevant hourly rate for the sector subject areas (SSA) of the qualification by the number of guided learning hours (GLH) as assigned by the Awarding Organisation and recorded on Ofqual’s register of regulated qualifications. These hourly rates recognise the relative costs of delivering training in different sectors and subjects and provide a boost for training in those sectors identified as having greatest skills needs.
This guide has been produced to enable you to quickly see which Open Awards qualifications are eligible for funding for 2024/25 academic year under the following streams:
- 14-16
- 16-19
- Advanced Learner Loans
- Local Flexibilities (ASF)
- Legal Entitlement (ASF)
- Level 3 Free Course Jobs (ASF)
In addition, Open Awards is able to support you with the delivery of non-regulated provision.
You can view the status of all qualifications available through the ‘Find a Learning Aim’ tool.
If you would like support with developing your curriculum and maximising your funding allocations, please contact us on [email protected] to arrange a free curriculum planning session.
