Costing and ICFP
Understanding the cost of your curriculum is a key part of integrated curriculum financial planning (ICFP) – the government's recommended budget planning approach for schools.
Read more about ICFP in our other article. You can use one of the free tools or paid services mentioned there to help improve your school’s overall financial efficiency and maximise your resources.
Alternatively, if you just want to manually check how much your lessons and courses in particular are likely to cost you, follow our associate experts’ guidance below.
No single method for calculating the cost of a lesson
This is because there are many variables to take into account. Depending on the purpose of calculation, you might want to consider some but not others.
The make-up of your school's staff
The greater your school's expenditure on teaching staff salaries, the higher the average cost of each lesson or course.