Information for eligible academies, sixth-shape schools, and voluntary aided (VA) faculties approximately the Condition Improvement Fund (CIF).
Overview
The Condition Improvement Fund (CIF) is annual bidding spherical for eligible academies, sixth-shape schools, and VA faculties to use for capital investment. The precedence for the fund is to deal with big circumstance want, maintaining training issuer homes secure and in true running order. This consists of investment tasks to deal with fitness and protection problems, constructing compliance, and terrible constructing circumstances.
CIF additionally helps a small percentage of growth tasks. These are for academies, sixth-shape schools and VA faculties rated true or great through Offset that may reveal a want to expand.
Information for CIF candidates: 2021 to 2022
Condition Improvement Fund 2021 to 2022: records for candidates present info of tasks that can be suitable for investment and the evaluation standards for 2021 to 2022.
This year’s standards once more favor bids from candidates with sturdy governance and true economic management. We suppose there’s a sturdy hyperlink among trusts with a terrific grip on finance and governance and effective, cost for cash capital delivery.
Condition Improvement Fund 2021 to 2022: records for candidates (PDF, 383KB, fifty-four pages)
CIF portal
For CIF 2021 to 2022 you may require to get admission to the CIF portal to post your applications.
Read the ‘Applying to CIF’ segment of the Condition Improvement Fund 2021 to 2022: records for candidates (PDF, 383KB, fifty-four pages) for extra records.
Who can follow?
Single academy trusts, small multi-academy trusts (MATs), sixth-shape schools, and eligible VA faculties can follow for CIF. To be eligible to use for 2021 to 2022 spherical, you should have been:
An open academy, sixth-shape university, or VA college as of 1 September 2020
a college with a signed academy order as of 1 September 2020 (if successful, you should have transformed to academy popularity and had an investment settlement in location through 1 April 2021 to obtain investment)
MATs with five or extra academies and extra than 3,000 scholars cannot follow for CIF. These trusts will obtain a School Condition Allocation (SCA) to make investments throughout their property for 2021 to 2022.
Loans
Academies and sixth-shape schools can take out a mortgage, for all or a part of the task expenses of their application, to illustrate their dedication to the scheme.
Please use the Condition Improvement Fund mortgage: compensation calculator 2020 (MS Excel Spreadsheet, 40.3KB) to decide the once-a-year and overall payments to be incurred.
Loans are supplied at Public Works Loan Board prices of interest, the identical fee that neighborhood government can get admission to spend money on their faculties. You’ll make mortgage payments thru abatement of sales investment paid to you and reinvested into destiny capital budgets.
Urgent Capital Support (UCS): the way to follow
Urgent Capital Support (UCS) is for academies, sixth-shape schools, and VA faculties which do now no longer have get admission to an SCA, and require investment help to deal with pressing constructing circumstance problems that both placed the protection of scholars and body of workers at risk, or threaten the closure of the whole, or a big a part of, the college.
Applications can most effectively be taken into consideration from establishments outdoor of the primary spherical in which there’s an authentic and instant want for pressing guide that cannot wait till the following spherical.
