Funding Band Query

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This topic contains 4 replies, has 2 voices, and was last updated by  Dolly the Sheep 2 months, 1 week ago.

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  • Dolly the Sheep
    Participant

    Morning All 🙂

    I’m just reading the new technical guide V4 & the funding bands spread sheet for 2018/19 & a little confused….. hoping someone on here can help:

    Last funding year a Lv 2 Hosp Team member was a band 7, LARS code 96, with a funding maximum of £5,000.
    The technical guide version 4 which has just come through looks as though a band 7 funding maximum has changed to £4,500.
    However, the funding band spread sheet (which has no bands on!!) says a Lv 2 Hosp Team Member, LARS code 96, funding band maximum is still £5,000.

    Can anyone help clarify?
    Thanks in advance for your help
    Joanne

     
    #271033

    Martin West
    Participant

    Hi Joanne,
    All current standards funding bands (15) for 2018/19 have been allocated based on the cap maximum to the new funding bands (30) this means a change for some of the band number but not the cap maximum which stays the same.
    It is possible that the ESFA may review the band/Cap for standards in the future.
    The current bands in LARS for 2018/19 have not yet been updated to the 30 bands.
    HTH

     
    #271043

    Dolly the Sheep
    Participant

    It does, thanks Martin

     
    #271051

    Martin West
    Participant

    Hi Joanne,
    Do not understand ‘it does’?

     
    #271053

    Dolly the Sheep
    Participant

    Sorry Martin…. ‘It Helps’ 🙂

     
    #271055
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