The funding formula for First Nations Schools in British Columbia is established according to the 2012 Tripartite Education Framework Agreement (TEFA), and is based on the BC Ministry of Education’s funding model for public schools. The Funding Estimator Tool to allow First Nations to estimate expected future funding based on projected enrolments. This manual provides a brief description on the steps to follow in using the Funding Estimator Tool.
*** This manual will be periodically updated. We are expecting updates soon.
For a copy of the current estimator tool (Excel spreadsheet) please contact firstname.lastname@example.org
The TEFA funding formula calculates First Nations schools’ funding allocations using factors that apply specifically to each school, including individual school enrolment data that reflects the information provided on the annual Indian and Northern Affairs Canada (INAC) Nominal Roll.
INAC calculates First Nations Schools’ Funding Allocations using its TEFA Funding Detail Budget Report Table. Each year, INAC provides to First Nations a unique Table showing the funding calculation for each First Nations school.