On 1 April 2022, the Education and Skills Funding Agency (ESFA) transformed the way it operates following an Arm’s Length Body review. The transformation ensures the ESFA is structured to support the Department for Education best, to deliver on helping children and learners up and down the country to realise their potential. The ESFA: is accountable for £65 billion of funding for the education and training sector, ensuring timely and accurate allocations and payment of education and skills funding to academy trusts, local authorities, colleges and training providers. provides assurance that public funds are properly spent, achieves value for money for the taxpayer and delivers the policies and priorities set by the Secretary of State. provides, where necessary, financial support for providers.