Sixth Form Colleges: Finance

(asked on 16th October 2020) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what plans he has to increase the rate for funding for sixth form educational institutions.


Answered by
Gillian Keegan Portrait
Gillian Keegan
Secretary of State for Education
This question was answered on 26th October 2020

?The government’s Spending Round in August 2019 identified the need to increase funding for 16 to 19 year olds’ education to ensure that they fulfil their potential and develop the skills the country needs. That is why we invested an extra £400 million in 16 to 19 education in the financial year 2020-21. We have increased the base rate of funding by 4.7%, from £4,000 to £4,188 for the academic year 2020-21. Over and above the base rate rise, this extra spending also includes new resources for high value and high cost courses, and funding to support those on level 3 programmes to continue to study English and maths where needed. This is the biggest injection of new money into 16 to 19 education in a single year since 2010 - with funding increasing faster for 16 to 19 than in 5 to 16 schooling.

The government’s commitment to 16 to 19 funding has contributed to the current record high proportion of 16 and 17 year olds who are participating in education or apprenticeships since consistent records began.?

We are continuing to look at the needs of 16 to 19 education as part of the current spending review.

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