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Collab Group Statement on Conservative Capital Funding Announcement

We welcome the announcement from Boris Johnson that the Conservative Party promises to invest £1.8 billion in capital funding for further education colleges. While this figure is below the £2 billion suggested in the Augur review into post-18 education, it does represent a significant investment in further education colleges. It also appears that colleges will be expected to contribute 21% from their own reserves to receive any capital funding. If this is the case it does raise questions about how this will impact long term financial sustainability when colleges may potentially become more indebted to provide this match funding.

We have identified the need for capital investment as one of our four key priority areas for colleges in this general election. Capital funding for the FE sector from government has fallen from over £940 million in 2009/10 to just £130 million per year at the present time. An injection of capital and funding will be vital as college prepare to deliver T levels from September 2020 onwards. But the important part is not just the money available but also the mechanism with which this money flows into colleges. Current arrangements where the administration of capital funding is delegated to local enterprise partnerships has not always worked well for colleges. So it will be important that any injection of capital funding is distributed through a mechanism that finds the right balance between both local and national priorities.

Other News Articles

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Digital Skills Solutions and Collab Group partners with HACT to deliver digital apprenticeships

Digital Skills Solutions (DSS) and Collab Group are delighted to announce a partnership with the Housing Associations' Charitable Trust (HACT) to provide apprenticeship and training services to housing associations. HACT works with the housing sector to deliver innovative projects and solutions across several specialist areas.

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West Thames College London joins Collab Group London Colleges

Collab Group is pleased to welcome West Thames College as the newest member of the Collab Group London partnership. West Thames College is a successful, vibrant college of further and higher education located in the borough of Hounslow. Its inclusion will expand the geographical reach of our colleges into West London.

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Collab Group and The Open University Announce New Partnership

The Collab Group of Colleges today announces a new partnership with The Open University (OU), designed to provide UK industry with a seamless progression route from vocational training to degree level qualifications.

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Collab Group Statement on National Lockdown and 2021 exams

Collab Group Statement on National Lockdown and 2021 exams