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<p>Post-opening student recruitment targets are only included in funding agreements
for studio schools where there has been concern about potential pupil recruitment
prior to the school opening.</p><p>Five studio schools have specific termination clauses
relating to post-opening student recruitment targets in their funding agreements.
One school closed on 31 August 2013 and another is due to close on 31 August 2014
because they did not fulfil the funding agreement criteria in respect of the pupil
recruitment target. Neither school was given an extension of time to meet the target.
The other three schools have not yet reached the deadlines for their pupil recruitment
targets.</p><p>The majority of studio schools opening in September 2013 and all those
due to open in September 2014 have pre-opening targets for student recruitment included
in their funding agreements to ensure that the schools will be financially viable
upon opening.</p><p> </p>
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