Those colleges who can go ahead with their projects are: Barnsley College, Bournville College, Furness College, Hartlepool College of Further Education, Kirklees College, Leyton Sixth Form College, Manchester College - Wythenshawe, North West Kent College, St Helens College, Sandwell College, South Thames College, Tresham Institute of Further and Higher Education, Corby, and West Cheshire College.
It follows an investigation into the financial management of Fermanagh College of Further and Higher Education.
The audit office made its recommendations in the wake of a report on the financial management of Fermanagh College of Further and Higher Education.
The teenager, from Desborough, Northamptonshire, who studied at Tresham College of Further and Higher Education, has picked up two C grades in business and history A-levels, an A in psychology AS level, and a C in sociology AS level.
This latest project marks its first partnership with a further education college - with the expectation of more to be announced later.
The MLAS are to seek a meeting with the Further Education Minister and the college's Board of Governors.
Tower Hamlets College, in the east end of London, is one place where further education students do get taught about money issues.
The college exceeded its Further Education Funding Council targets for 1998-99 and has record numbers of new students enrolling this September.
Mr Manley will be teaching most of the theory himself, and working in partnership with a local further education college for such things as brickwork.
BBC: NEWS | UK | Education | Students offered GCSE in building
In Newcastle, the provision of modern apprenticeships was applauded by inspectors, but A level results in the further education and sixth form college level were less successful.
It said the situation deteriorated when candidates had attended further education and said it was increasingly worried at the "State-sponsored babysitting nature of some college programmes rather than specifically-targeted vocational training for near-guaranteed employment".
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