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Value added refers to the use of statistical techniques for comparing the attainments of students upon entry to an educational institution with their achievements upon completion of their course of study. Measurements based on value added allow for more equitable comparison of the performances of different institutions. This bulletin explores the meanings of value added, outlines it current use in colleges of further education in the United Kingdom, reports on a feasibility study to assess whether the value added methodology can be applied to General National Vocational Qualifications (GNVQs), and suggests strategies for using value added and for further research.