This consultation ended 18 March 2019.
Details of outcome
We want your views on a new formula for allocating the annual Financial Contingency Fund (FCF) budget to further education institutions (FEIs).
We are consulting about changing the method of allocating the FCF budget to FEIs. The change would be to allocating it based on student numbers and the number of students from low income families.
This would ensure:
- that the budget is allocated on evidence of current need
- the available budget is shared between institutions in a fair, transparent and repeatable way