The voice of specialist further education

Finance managers network

This network is for staff in member colleges who are responsible for finance and business matters. The network is open to anyone within a member college who has responsibility for finance matters – information will be confidential to members and not shared outside the meeting.

Network meetings take place on Zoom three times per year.  The purpose of the network is to share ideas, good practice and discuss issues relating to specialist college finance matters, including ESFA and LA contracts, internal budgeting and forecasting, VAT, fee levels and other topics as and when required. If you have any items you’d like to add to the agenda, please contact

If you have questions that you would like to ask other network members, please use the finance manager discussion forum.

Table of contents

Upcoming meetings

Finance managers network

14 November 2024
This is a free, Natspec members-only event, for finance and business managers.

Resources from previous meetings

Please find below slides and notes from previous network meetings. They are only available to full members of Natspec and you will need to log in to access the resources.

Capital funding

Unlike GFE colleges, specialist colleges do not have access to the FE Transformation Fund. Specialist colleges are also not in scope for major capital funds available to schools.

Natspec is campaigning for more equitable access to capital funding.

Capital Funding Resources

Our paper on capital grant funding outlines the issues.

Specialist colleges are in scope for School Conditions Allocations (SCA) and Devolved Formula Capital (DFC). This funding provides a small amount of maintenance funding based on student numbers.

School Conditions Allocations and Devolved Formula Capital

Guidance on spending SCA and DFC


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