Payments and Remittance advice for academies

Maintained Schools Academies Local Authorities


Last updated

From: Education and Skills Funding Agency

The General Annual Grant (GAG) funding is paid on the first working day of each month. 

For new academies, the payment is usually made on the sixth working day for the first month. Payments thereafter will fall on the first working day of the month. 

Remittance description

Our guide provides information on the ‘transaction descriptions’ used in the remittance notes to academies. It also provides links to further information where available.

Changing contact and bank details for remittance payments

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