National funding formula (NFF)
LAs determine your school's core budget using a local funding formula
The government uses the national funding formula (NFF) to work out your 'notional' core funding allocation. However, your actual allocation is based on a local funding formula from your local authority (LA) – this is the same system as for maintained schools.
But, unlike for maintained schools:
- Your LA will submit its local formula to the Education and Skills Funding Agency (ESFA), so the ESFA can issue academies allocation statements – as explained in the 'introduction' section of this ESFA funding allocation guidance
- Your funding allocations are:
- Paid directly to your trust by the ESFA
- Based on the academic, rather than financial, year
This is explained in guidance from the ESFA.
Transition to the direct NFF
The direct
