Question to the Department for Education:
To ask the Secretary of State for Education, what assessment she has made of the effect of annual funding cycles on the ability of further education and sixth form colleges to undertake financial planning; what discussions she has had with Cabinet colleagues on that matter; what plans the Government has to change those funding cycles to reflect Government spending review cycles; and if she will make a statement.
16-19 funding is that it is based on the level of recruitment institutions delivered in the previous year. That means institutions’ funding keeps pace with changing student numbers with the minimum delay. The Government has no plans to change the 16-19 funding system.