Further Education: Coronavirus

(asked on 11th February 2021) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, which further education colleges received additional funding as a result of significant financial difficulties in England in 2020.


Answered by
Gillian Keegan Portrait
Gillian Keegan
Secretary of State for Education
This question was answered on 23rd February 2021

The department has put in place the college oversight regime which aims to improve financial resilience and quality by incentivising and supporting college leaders to recognise issues and take action before matters become serious. Where colleges may get into serious financial difficulty, the Education and Skills Funding Agency may provide additional funding if a college might otherwise be likely to run out of money or provide funds to support an agreed restructuring solution.

The department is committed to annually publishing data on colleges that have received emergency funding or funding for a restructuring solution, including insolvency. Information published in December 2020 noted that in the period 1 April 2019 to 31 March 2020, 7 colleges were provided with emergency funding or insolvency financial support. All 7 of these colleges received emergency funding in 2020. Between 1 April to 31 December 2020 a further 3 colleges received funding, the total number of colleges provided with emergency funding in 2020 is therefore 10.

The department does not release details of the specific colleges that receive emergency funding as this information is commercially sensitive.

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