T Levels

The 2016 Sainsbury Review of Technical Education and Government Skill Plan set out an ambitious framework for changes to post-16 technical education built upon a routes based system found in many northern European countries. T Levels will be introduced gradually from 2020. Links to key documents and information can be found below. This page will be updated as further information becomes available.

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T Levels Capital Fund Financial Plan templates (Relevant to general FE and sixth form colleges only)

DfE has received queries from several colleges intending to apply for T Levels capital grant regarding the financial requirement to provide an updated Integrated Financial Model for Colleges (IFMC) to support applications (see 5.5.3 of the published guidance), for which the revised deadline is Midday on 26 June. When the guidance was issued DfE asked colleges to update their IFMC submission that was submitted in February. However, given the upset and uncertainty that COVID-19 has caused to college finances they have decided not to use the IFMC this summer and have recently announced submission arrangements for a July financial return including a new Financial Health Calculator which is due to be published on 15 June.

In line with this DfE has decided to amend the financial information you should submit with your T Levels capital applications as follows:

 All further education colleges and sixth form colleges must either:

  1. submit an updated version of the Integrated Financial Model for Colleges with supporting commentary which takes account of your project and allowing for at least 1 year after project completion

or

  1. complete the T Level Capital Fund Cash Flow Template with supporting commentary.

 

All further education colleges and sixth form colleges that require a reduced match (less than 50% provider contribution) and choose to complete the T Level Capital Fund Cash Flow Template instead of the IFMC must also complete and submit the new Financial Health Calculator which is due to be published on 15 June.

In all cases you should submit all the information via e-mail together with the rest of your application and provide supporting commentary which takes into account your project. You must make sure any commentary/ information provided is consistent with the investment appraisal for your preferred option. Your financial forecasts should account for at least one year after project completion. If you need to acquire specialist equipment to support the project you should identify this within the relevant tab on the application form and ensure these costs are allowed for within the financial information provided.

If you have any queries in respect of the above please send them to the usual e-mail address at TLevelsW2.Capital@education.gov.uk.

 

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