The Adult Education Budget (AEB)
The Adult Education Budget (AEB) funds education and training for adults aged 19 and above.
Some of these qualifications funded through the AEB include basic English and maths skills, basic digital and adult community learning.
In January 2019, the Department for Education confirmed London’s AEB allocation for the academic year 2019/20 of circa £306 million. This means that (from the academic year 2019/20) the Education and Skills Funding Agency (EFSA) will, from academic year (AY) 2019/20, no longer be accountable for the AEB, which it currently allocates and manages.
The GLA will be responsible for commissioning AEB-funded provision to Greater London, and have the freedom to set priorities and funding rates, while still being subject to the statutory duties of the Secretary of State.
This will allow the GLA to focus on meeting local area need, delivering local economic objectives and developing a sustainable local provider base.
The Secretary of State has issued guidance for the exercise of delegated adult education functions to the Mayor.
European Union Social Fund
- Funding is spread across the Member States and regions, in particular those where economic development is less advanced.
- It is a key element of the EU’s 2020 strategy for Growth and Jobs targeted at improving the lives of EU citizens by giving them better skills and better job prospects.
- Over the period 2007-2013 some €75 billion will be distributed to the EU Member States and regions to achieve its goals.
Department For Education
- teaching and learning for children in the Early Years sector and in primary schools
- teaching and learning for young people under the age of 19 years in secondary schools and in further education
- supporting professionals who work with children and young people
- helping disadvantaged children and young people to achieve more
- making sure that local services protect and support children