Academies: Sponsorship
(asked on 20th October 2016) - View Source
Question to the Department for Education:
To ask the Secretary of State for Education, if she will provide a list stating the value of each grant that has been awarded by her Department to each academy sponsor matched to a school with an Academy Order; and what the average value is of those grants that have been made under the provisions of the Education and Adoption Act 2016.
As of 24 October 2016, there have been 33 grant payments made as a result of an Academy Order being issued under the provisions of the Education and Adoption Act 2016. They consist of the following:
Grants Paid | Total |
1 part payment of grant of £45,000 | £45,000 |
22 grants of £70,000 | £1,540,000 |
2 grants of £80,000 | £160,000 |
7 grants of £90,000 | £630,000 |
1 grant of £110,000 | £110,000 |
Grand Total | £2,485,000 |
This brings an average cost of £75,303 supporting these sponsored academies. The details of the grant amounts can be found on page 4 of the Sponsored academies funding Advice for sponsors document. This guidance is published online and can be accessed via the following link: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/511128/sponsored_academies_funding_advice_for_sponsors.pdf
This does not include any award of sponsor capacity fund (SCF) which may previously have been made to relevant sponsors as part of their developing greater capacity to support schools.