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Education Funding Agency and Skills Funding Agency merger

The Skills and Education Funding Agencies are merging and Peter Lauener is retiring. The new, single body, to be called the Education and Skills Funding Agency, will sit within the DfE and begin to operate from April.

David Hughes, Chief Executive of the Association of Colleges, said: “Merging the Education Funding Agency and Skills Funding Agency provides the perfect opportunity to simplify the system and make it more efficient and cost-effective.

“The reality is though that the two agencies have been operating as a shared service for two years so we don’t expect colleges to see much difference.

“We are keen to work with DfE and the newly-merged organisation to address some of the overlaps, inconsistencies and differences between regulations, rules and policies which have grown up across the old EFA – SFA divide. Streamlining some of the rules will help students, some will save money.”

Commenting on the retirement of Peter Lauener, Chief Executive of EFA and SFA, David Hughes, Chief Executive of the Association of Colleges, said: “I would like to take this opportunity to thank Peter Lauener for his work at EFA and SFA. He has always been a true champion for further education and has worked hard to put students and apprentices at the heart of Government policy and funding. He will be a hard act to follow.”