The Bud Finance Reports include Clawback reporting to provide a summary of the financial implication associated with the late processing of the following areas;
- Breaks in learning (coming soon)
- Pending breaks and withdrawals (Coming Soon)
- All users with a reporter - Finance Reports permission switched on
How to: Withdrawals
This page monitors the clawback attributed to withdrawn learners and indicates the financial amount that should be paid back to the ESFA to give you the ability to reconcile this clawback against the payments reports from the ESFA as well as monitor trends and fluctuations throughout the academic year.
Reports are based on a version of the apps indicative report which assumes no withdrawals compared to the current apps indicative values.
In year clawback
Previous years clawback
Sum of Apps Indicative Funding dated from July of the previous academic year (inclusive) to the month of actual end date
Note: A month of funding is retained if the learner Actual End Date meets the census requirements ie is on the last day of the month.
Sum of the in year clawback and previous year clawback
Number of withdrawals
Total number of withdrawn learning episodes processed in that month
Average clawback per withdrawal