With the RPL Funding Calculator, you can recognise prior learning, adjust funding claims and check the viability of applicants online. It's cost-effective, convenient and compliant – you'll have a set process in place to show the ESFA.
Applicants can rate their prior learning against each KSB in the standard. They can add comments or upload evidence – like qualification certificates or previous work experience – so all the RPL evidence you need is stored in one place.
Show the ESFA you have a set process in place to make evidence-based funding adjustments. You can set percentage reductions for prior learning, so when the applicant completes their skills assessment, the funding claim is automatically adjusted.
When the funding claim, course duration and visits have been adjusted, you can easily check the viability of the applicant. If the minimum course duration is met and you’re going to make a profit, you'll know this is the right learner on the right course.
With the RPL Funding Calculator, you can predict the financial viability of an applicant and protect your fixed costs from funding reductions. Plus, the whole process is completed remotely, so there are minimal costs and your profit margins stay protected.
When an applicant completes their skills assessment in the RPL Funding Calculator, you can import their scores into the scorecard in just a few clicks. Just download their RPL data into a JSON file, and upload it to the scorecard as their learning baseline.
To get the RPL Funding Calculator as part of your OneFile package, speak to your CSM or email customersuccess@onefile.co.uk.
