ERIC Number: ED427170
Record Type: Non-Journal
Publication Date: 1998-Oct
Reference Count: N/A
That's the Way the Money Goes. Further Education Funding in England in the Next 12 Months.
FEDA Bulletin, v2 n6 1998
Expenditures on further education (FE) in England were examined as part of the Comprehensive Spending Review (CSR), which was a zero-based budgeting exercise performed by the Labour government for a 3-year period covering 1999-2002. The CSR increased total FE funding by 7% in 1999-2000. When the anticipated 5% increase in FE enrollments and inflation are factored in, however, FE colleges will be required to make efficiency gains of 1%. Extra money will be linked to targets. Growth, efficiency, and increased achieved were concluded to be the three likely main targets for FE. Decisions on funding beyond 2000 will be shaped by the government's lifelong learning policies. According to the 1998 green paper "Learning Age," those policies will center around two flagship projects: the Individual Learning Accounts and University for Industry projects. Public financial support for adults will be targeted toward the following goals: bringing back those adults who stopped learning after school, addressing particular shortages, widening disadvantaged adults' access to education, and enabling individuals to choose the best method of learning for them. National pilots of new education maintenance allowances were planned for 1999-2000. (Contains 10 tables.) (MN)
Descriptors: Adult Programs, Budgets, Cost Effectiveness, Educational Finance, Enrollment, Expenditures, Federal Aid, Financial Policy, Financial Support, Foreign Countries, Government School Relationship, Lifelong Learning, Postsecondary Education, Program Costs, Public Policy, Tables (Data), Technical Institutes, Vocational Education
FEDA Information Centre, Citadel Place, Tinworth Street, London SE11 5EH, England, United Kingdom; e-mail: firstname.lastname@example.org
Publication Type: Collected Works - Serials; Numerical/Quantitative Data; Reports - Research
Education Level: N/A
Authoring Institution: Further Education Development Agency, London (England).
Identifiers - Location: United Kingdom (England)