SAAF Education Blog

It may seem a while off, but if you want to meet the deadline for submitting your School Financial Value Standard (SFVS), it is time to start preparing.

The deadline for submission may vary depending on your local authority, please check the date they expect to receive your completed form.

What is financial benchmarking?

Financial benchmarking can be a valuable process as it enables comparisons of income and expenditure with other schools and academies. With this comparison you will then be able to consider how your resources can be used more efficiently and identify areas of improvement that may be required.

Updated 25/03/2021

It is compulsory for all academies and MATs to complete and submit this form by 15 April 2021.

In the current climate, you may find it difficult to obtain extra funding, but we have some good news. The Department for Business, Energy and Industrial Strategy (BEIS) has launched the Public Sector Decarbonisation Scheme which will provide £1bn of grant funding. Do not miss out on this opportunity to fund your school’s energy efficiency projects!

The DfE have announced a new pot of funding available for schools and academies to order laptops and tablets for children who can’t attend school due to COVID-19 restrictions. Read our blog to find out what your school is entitled to and how to place an order.

The bidding window for the Condition Improvement Fund (CIF) usually opens around October half term and closes just before Christmas. However waiting until the bidding window opens can make it much more difficult to organise and plan your project, if you start now, you will have plenty of time to write a successful bid and submit it on time.

If you work in a standalone academy, free school or small multi-academy trust, with the support of our partners you can start the process now. We can assist in preparing a bid that could result in significant benefits for your school.

It can often be a difficult process to receive funding for various departments in your school, academy, or MAT however there are a couple of non DFE grants currently available as a top up to your standard funding streams. 

If you’re looking for additional funding to support your school and enhance the learning experience for your pupils, this post can point you in the right direction to achieve this.

As a PS Financials (PSF) accredited support and training partner we understand how complex the software can be for users. Some processes can be time consuming and at times cumbersome, leaving you wondering is there a simpler way of doing this?

Schools and academies over the last decade have faced significant financial pressures, further exacerbated due to the current COVID-19 global pandemic. However, central government are reacting to these current pressures and have announced additions to school funding for the academic year 2021/22 alongside the increase in per pupil funding previously announced. These changes in funding aim to increase the opportunities for pupils across the UK and intend to return education back to normal.

All over the UK many children experience problems that can limit their opportunities and restrict their abilities; this may be due to disability, neglect, poverty or psychological or behavioral difficulties.