Added April 2016 Version of the “Mainstream Academy and Free School Model Funding Agreement: Unique Academy Trusts” document. Once there, you`ll find the financing contract in the “Downloads” section on the right side of the page. Model funding agreement for the academy`s individual trusts for the creation of new academies and free schools. Newly opened academies may not immediately post their funding agreements on the site, but these will be available when the time comes. The Master Funding Agreement is the contract between the Minister of Education under Section 2, the Academies Act 2010 and the Multi Academy Trust. The funding agreement defines how the trust of the Academy and schools should be managed within the framework of the Academy`s trust. Funding agreements often vary from school to school. If the Academy you are looking at is not accompanied by a funding contract, please contact us by clicking here and filling out the form. Use the additional model funding agreement if you are one: The AMF is concluded between the Secretary of State for Education (SoS) and the Multi Academy Trust (MAT) and is the framework under which the MAT agrees to work in exchange for funding. The AMF looks at issues such as authorizations, exclusions and reporting obligations. Each academy will need an SFA next to the AMF, and these agreements should be read in relation.
You must complete your brief and status at the same time as your financing contract. You will find other guides on transforming into an academy and opening a free school. High schools wishing to convert to an academy should use standard choice documents. Established Academy trusts considering updating their current funding agreement to the latest model should contact us via the DEFA online application form. The DfE has approved revised versions of the Master Funding Agreement (AMF), the Single Supplemental Funding Agreement (SSFA) and the Supplemental Funding Agreement (SFA), meaning that all academies that open their doors on April 1, 2018 or later must use the new model agreements. A clause on coastal school education has been added to the Special Academy and Free School Model Funding Agreement: Single Academy Trusts and “Alternative provision academy and free school model funding agreement: single academy trusts` documents.” If you are a school in the process of transforming into a mainstream academy with a single academy trust, you can also conclude the online funding agreement. The funding agreement is the framework for your school or school. These model funding agreements are for: The contract for the promotion of an academy is on the individual school side. In the list of search results, click on the name of the Academy whose promotion agreement you want to see – it redirects you to its individual school page.