Vocational Education: Finance

(asked on 27th January 2021) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what recent discussions his Department has had with the Chancellor of the Exchequer on increasing funding for vocational education.


Answered by
Gillian Keegan Portrait
Gillian Keegan
Secretary of State for Education
This question was answered on 1st February 2021

The department has regular engagement with my right hon. Friend, the Chancellor of the Exchequer, and HM Treasury in respect of technical and vocational education.

The government has made major investments in technical education and announced on 31 August 2019 that it would invest an extra £400 million in 16-19 education in 2020-21. This is the largest injection of money in a single year since 2010. As part of this, the base rate of 16-19 funding increased by 4.7% in academic year 2020/21, from £4,000 to £4,188. Extra funding was been made available for more expensive and high value subjects, boosting funding for vocational areas such as construction, engineering, manufacturing and ICT.

A further £291 million was made available in the 2020 Spending Review, enabling these higher rates and additional funding elements to be maintained in 2021/22 allocations.

New T Levels will transform technical education in this country, and we announced in 2017 that these new programme would be backed by an additional £500 million of investment every year when fully rolled out, supporting the extra hours of delivery and high quality industry placements that these programmes incorporate.

We are continuing to invest in education and skills training for adults through the Adult Education Budget (AEB) (£1.34 billion in 2020/21).

My right hon. Friend, the Chancellor of the Exchequer, announced £375 million for the National Skills Fund at the Spending Review in November 2020. This includes £95 million funding for a new level 3 adult offer and £43 million for Skills Bootcamps. Investment in skills through the National Skills Fund is vital, ensuring adults have the opportunity to progress into higher wage employment and to support those who need to, the opportunity to retrain at different points throughout their lives.

From April 2021, we will be supporting any adult aged 24 and over who wants to achieve their first full level 3 qualification – equivalent to two A levels, or a technical certificate or diploma – to access nearly 400 fully funded courses. Complementing the Level 3 adult offer, the Skills Bootcamps offer free, flexible courses of up to 16 weeks, giving people the opportunity to build up sector-specific skills and fast-track to an interview with a local employer. Skills Bootcamps have the potential to transform the skills landscape for adults and employers.

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