How much is each college paying to become a Career College? What is the minimum fee?
There is no minimum or ‘set’ fee. When we launched last year, the Trust considered a fixed fee, for transparency, but this was not well received by prospective Career Colleges, who all pointed out that they had different requirements, served different sectors and therefore had different needs. We have therefore developed a bespoke service, tailored to the needs of each individual Career College. We work through a due diligence audit and business plan with each prospective Career College sponsor to determine requirements and use this as the basis to agree fee structure. The Career Colleges charitable Trust is funded through donations from the Trustees and Chairman, Luke Johnson, together with the agreed cost contributions from each Career College.