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<p>School Direct funding is paid to schools by the Education Funding Agency (EFA)
on behalf of the National College for Teaching and Leadership (NCTL). EFA gains assurance
on all funding transferred, including the NCTL funds. This is done using external
auditors, audits and reviews of statutory annual accounts.</p><p> </p><p>NCTL has
a grant funding agreement in place with all grant recipients, including lead schools
that deliver School Direct, under which schools are bound to spend funds for the purpose
intended, i.e. initial teacher training.</p>
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