The Department for Education recently announced that trusts now have the option to add a clause to their Master Funding Agreement, allowing them to pool general annual grant (GAG) funding on a contractual basis. Read our latest insight by Malcolm Winston, managing partner of UHY Hacker Young (Birmingham) LLP, to learn more about GAG Pooling and how it can be integral to an academy trust's financial operating model. #GAGPooling #academytrust #academies
UHY Hacker Young’s Post
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ICFP is the main principle that underpins GAG pooling! Our survey of 155 MAT representatives covering trusts of all sizes across England, showed that a ‘Needs-based model/Integrated Curriculum Financial Planning (ICFP)’ approach is the most common for trusts already GAG pooling (68%), and the most expected approach for those who intend to (57%). Top-slice MAT (a continuance of local budgets but with high degree of pooling for central services, contingency, reserves etc) is the approach used by 50% of trusts who are not currently GAG pooling but would like to in the future. Around 80% of respondents scored their likelihood to recommending the approach they took to implementing GAG pooling as 8 out of 10 or higher, and in fact over half gave this a 9 or 10, so the stories behind this are important to share. Read more in our GAG Pooling and Centralisation in MATS: 2024 Update 👉 https://loom.ly/QSOggxk #schools #acadamies #finance #budgets #Education
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Did You Know? Completing the FAFSA is the key to unlocking financial aid for college, and it’s easier than ever for the 2025-26 application! Today’s Tip: Create your FSA ID—it’s your digital signature and essential for completing the FAFSA. Make sure to: 1. Use a personal email (not your school email) 2. Have your Social Security number ready 3. Keep your FSA ID details in a safe place Ready to get started? Visit StudentAid.gov today. Need help? EEF is here with tips, resources, and support to guide you through every step of the process. Let’s make college dreams happen—one FAFSA at a time! Here's a quick video on this tip: https://lnkd.in/e6dCiU2P #FAFSAWeek #FAFSAReady #FinancialAidMadeEasy #collegeaccess
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💰 ✂️ Filling out the FAFSA can seem like an overwhelming process. 💻 But here are a few tips to know before you do! You can get started at studentaid.gov 1: Determine Your Dependency Status ✅ 2: Start your Application and Apply for Your FSA ID ✅ Access the Federal Student Aid website, create your ID, and start your application. Your FSA ID can serve as your legal signature 3: Complete Your FAFSA ✅ You are now ready to complete your FAFSA. Check out the video on our website for tips on filling out your form. 4: Include our School Code ✅ School Code = 041533. Please use our school code when submitting your application so that our Financial Services Leader can contact you and help you review your results. *Financial Aid is available to those who qualify. 📍Be sure to save this post to help you later! #pmtscolumbus #cosmetology #cosmetologyschool #financialaid #fafsa
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As you start to prepare for the new year and a new budget, remember that MCCU members have free access to Greenpath’s Learning Lab with free online financial education and courses. Check it out here: https://lnkd.in/grFdZ4Fh . . . #MCCU #Greenpath #financialwellness #LearningLab #newbudget #2025 #onlinelearning #financialtools
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💡 Big news! The FAFSA Simplification Act is reshaping the landscape of financial aid, bringing substantial changes to higher education institutions. Check out our blog below for insights and discover how BGSF can guide you through this crucial transition. #work4bgsf #financialservices #highered #FAFSA #FAFSAchanges #FAFSAcompliance #financialmodules
The FAFSA Simplification Act: What You and Your Organization Need to Know
bgsf.com
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💡 Big news! The FAFSA Simplification Act is reshaping the landscape of financial aid, bringing substantial changes to higher education institutions. Check out our blog below for insights and discover how BGSF can guide you through this crucial transition. #work4bgsf #financialservices #highered #FAFSA #FAFSAchanges #FAFSAcompliance #financialmodules
The FAFSA Simplification Act: What You and Your Organization Need to Know
bgsf.com
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💡 Big news! The FAFSA Simplification Act is reshaping the landscape of financial aid, bringing substantial changes to higher education institutions. Check out our blog below for insights and discover how BGSF can guide you through this crucial transition. #work4bgsf #financialservices #highered #FAFSA #FAFSAchanges #FAFSAcompliance #financialmodules
The FAFSA Simplification Act: What You and Your Organization Need to Know
bgsf.com
-
💡 Big news! The FAFSA Simplification Act is reshaping the landscape of financial aid, bringing substantial changes to higher education institutions. Check out our blog below for insights and discover how BGSF can guide you through this crucial transition. #work4bgsf #financialservices #highered #FAFSA #FAFSAchanges #FAFSAcompliance #financialmodules
The FAFSA Simplification Act: What You and Your Organization Need to Know
bgsf.com
-
💡 Big news! The FAFSA Simplification Act is reshaping the landscape of financial aid, bringing substantial changes to higher education institutions. Check out our blog below for insights and discover how BGSF can guide you through this crucial transition. #work4bgsf #financialservices #highered #FAFSA #FAFSAchanges #FAFSAcompliance #financialmodules
The FAFSA Simplification Act: What You and Your Organization Need to Know
bgsf.com
-
💡 Big news! The FAFSA Simplification Act is reshaping the landscape of financial aid, bringing substantial changes to higher education institutions. Check out our blog below for insights and discover how BGSF can guide you through this crucial transition. #work4bgsf #financialservices #highered #FAFSA #FAFSAchanges #FAFSAcompliance #financialmodules
The FAFSA Simplification Act: What You and Your Organization Need to Know
bgsf.com
