Question to the Department for Education:

To ask the Secretary of State for Education, pursuant to the Answer of 1 December to Question 97665 on Schools: Finance, when her Department will set out plans for the allocation of the additional funding announced in the Autumn Statement.

The Department confirmed further details on 6 December 2022 regarding how the £2 billion additional funding for schools, announced in the Autumn Statement, will be allocated in 2023/24 financial year.

£400 million will be allocated to Local Authorities’ high needs budgets, with the rest allocated to schools through a new grant and to boost the pupil premium.

Mainstream schools will receive this additional funding through a new grant from April 2023, on top of the core funding allocations they receive via the National Funding Formula. The methodology for calculating allocations for schools via this new grant will largely mirror that of the 2022/23 Schools Supplementary Grant. The Department will publish further details and funding rates for the new grant before the end of December 2022.

For a typical primary school with 200 pupils, this new revenue equates to approximately £28,000 additional funding, and approximately £170,000 for a typical secondary school with 900 pupils.

Special and alternative provision schools will receive an increase comparable to that for mainstream schools, from the £400 million that will be allocated to Local Authorities’ high needs budgets. The Department will confirm details on how this will work shortly.