What funding will be available to help schools become academies and how can schools claim the money?
We recognise that schools may incur costs such as obtaining legal advice on the documents necessary for setting up the academy, advice on the process for transferring staff, and new signage and stationery. As a contribution to these costs a flat-rate grant, normally £25,000, will be payable to the school’s bank account. When DfE receives notification of a school’s intention to convert, a claim form will be provided to enable a claim – supported by a brief case for the claim – to be made.