What engagement it has had with the Scottish Funding Council regarding a revised funding model for colleges.

The Scottish Government continues to engage with the Scottish Funding Council (SFC) regularly on a range of issues. This has included SFC’s plans to implement changes to the Council’s approach to college funding allocations in response to requests from the sector, and their discussions with the sector on these changes. In my recent letter of guidance, I made it clear that we expect the SFC to consider the financial sustainability of individual institutions, and needs of learners, as part of any decisions around funding allocations.Through the Colleges: Tripartite Alignment Group (comprising of Scottish Government, the SFC and Colleges Scotland) collaboration continues to work on identifying and implementing workable flexibilities to ease colleges’ financial pressures while ensuring accountability for public funds. For example, a revised process for the disposal of college assets has recently been implemented, where colleges can retain a higher amount of the sale proceeds.A fresh set of priorities for the Group was agreed last year, and work is underway across those areas, namely diversification of funding into the sector, establishment of a new way to flexibly fund investment in Curriculum Transformation, and exploration of the breadth of delivery via colleges.