Financial benchmarking tool for colleges
A tool to help colleges compare their financial performance with others in the sector.
Applies to England
Documents
The
Details
The intended audience for this page is:
- sixth-form and further education college corporations
- institutions designated under Section 28 of the Further and Higher Education Act 1992 as being in the further education sector
For the purposes of this page, these are collectively referred to as ‘colleges’.
Bodies funded by DfEESFA as ‘special‘Special post-16post 16 institutions’ (SPIs) (sometimes described as ‘colleges’) are not in scope, unless they are a subsidiary of one of the previously listed organisations.
You can filter the benchmark population based on certain criteria. The tool provides several benchmarking reports, trend analysis and access to the underlying datasets.
The latest version of the tool includes data submitted in colleges’ finance records for the years:
- 2023
2022 to 20242023
- 2022
2021 to 20232022
Additional information on DfE’sESFA’s financial reporting requirements for colleges is set out in our college accounts direction.
Updates to this page
Published 10 April 2017
Last updated 425 JuneFebruary 2025
+ show hide all updates" href="#full-history">+ show all updates
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Added 'College benchmarking tool for the financial year 2023 to 2024' and updated the guidance.
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22 May 2024
Added 'College benchmarking tool for the financial year 2022 to 2023'.
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6 July 2023
We have published a revised version of the college benchmarking tool for the financial year 2021 to 2022.
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24 May 2023
We have published the college benchmarking tool for the financial year 2021 to 2022.
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18 May 2022
Added the latest version of the tool in for the year 2020 to 2021 and updated guidance.
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26 May 2021
We have updated the college financial benchmarking tool with data for 2019 to 2020.
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30 June 2020
We have updated the college financial benchmarking tool with data from 2017 to 2018 and 2018 to 2019.
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5 April 2019
We have published an updated version of the college financial benchmarking tool and have updated the accompanying guidance.
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8 January 2019
We have updated the college financial benchmarking tool with improved data accuracy.
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26 April 2018
Page updated for 2017 to 2018.
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10 April 2017
First published.
Update history
2026-05-27 16:10
Added ‘College benchmarking tool for the financial year 2024 to 2025’.
2025-06-04 13:10
Added ‘College benchmarking tool for the financial year 2023 to 2024’ and updated the guidance.
2025-02-25 08:49
Updated ‘College benchmarking tool for the financial year 2022 to 2023’ to include more providers.
2024-05-22 10:46
Added ‘College benchmarking tool for the financial year 2022 to 2023’.
2023-07-06 14:51
We have published a revised version of the college benchmarking tool for the financial year 2021 to 2022.
2023-05-24 10:38
We have published the college benchmarking tool for the financial year 2021 to 2022.
2022-05-18 07:48
Added the latest version of the tool in for the year 2020 to 2021 and updated guidance.
The
Details
The intended audience for this page is:
- sixth-form and further education college corporations
- institutions designated under Section 28 of the Further and Higher Education Act 1992 as being in the further education sector
For the purposes of this page, these are collectively referred to as ‘colleges’.
Bodies funded by DfEESFA as ‘special‘Special post-16post 16 institutions’ (SPIs) (sometimes described as ‘colleges’) are not in scope, unless they are a subsidiary of one of the previously listed organisations.
You can filter the benchmark population based on certain criteria. The tool provides several benchmarking reports, trend analysis and access to the underlying datasets.
The latest version of the tool includes data submitted in colleges’ finance records for the years:
- 2023
2022to 20242023 - 2022
2021to 20232022
Additional information on DfE’sESFA’s financial reporting requirements for colleges is set out in our college accounts direction.
Updates to this page
Last updated 4
-
Added 'College benchmarking tool for the financial year 2023 to 2024' and updated the guidance.
-
22 May 2024 Added 'College benchmarking tool for the financial year 2022 to 2023'.
-
6 July 2023 We have published a revised version of the college benchmarking tool for the financial year 2021 to 2022.
-
24 May 2023 We have published the college benchmarking tool for the financial year 2021 to 2022.
-
18 May 2022 Added the latest version of the tool in for the year 2020 to 2021 and updated guidance.
-
26 May 2021 We have updated the college financial benchmarking tool with data for 2019 to 2020.
-
30 June 2020 We have updated the college financial benchmarking tool with data from 2017 to 2018 and 2018 to 2019.
-
5 April 2019 We have published an updated version of the college financial benchmarking tool and have updated the accompanying guidance.
-
8 January 2019 We have updated the college financial benchmarking tool with improved data accuracy.
-
26 April 2018 Page updated for 2017 to 2018.
-
10 April 2017 First published.
Update history
2026-05-27 16:10
Added ‘College benchmarking tool for the financial year 2024 to 2025’.
2025-06-04 13:10
Added ‘College benchmarking tool for the financial year 2023 to 2024’ and updated the guidance.
2025-02-25 08:49
Updated ‘College benchmarking tool for the financial year 2022 to 2023’ to include more providers.
2024-05-22 10:46
Added ‘College benchmarking tool for the financial year 2022 to 2023’.
2023-07-06 14:51
We have published a revised version of the college benchmarking tool for the financial year 2021 to 2022.
2023-05-24 10:38
We have published the college benchmarking tool for the financial year 2021 to 2022.
2022-05-18 07:48
Added the latest version of the tool in for the year 2020 to 2021 and updated guidance.