An academy`s grant agreement can be reached on its individual school page. Two significant changes have been identified. These include additional formulations of the teacher and staff clause after the 2017 Children`s Employment and Social Work Act comes into force; The MAT must appoint a school staff member to promote the educational success of a student in the care of the local authority and now it also counts students who are no longer in the care of the local authority. Second, a new foncnal clause (version 8) that will be used in the event that the Academy obtains a lease from the Department of Municipalities and Local Government (DCLG). To the extent that the terms of version 8 apply, the new SFA must be used without delay. 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. Each academy will need an SFA next to the AMF, and these agreements should be read in relation. Updated information on clauses in the Mainstream Academy and Free School Model Supplemental Funding Agreement: multi-academy trusts. 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. 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. Model funding agreements are published on the Ministry of Education`s (DfE) Website Model Funding Agreements In the list of search results, click on the name of the academy whose funding agreement you want to see – it redirects you to its individual school page.
Funding agreement for models for multi-academies trusts for the creation of new academies and free schools. 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.