Students: Finance

(asked on 25th February 2025) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what the average programme funding is for 16 to 19 year olds studying T levels and other Level 3 qualifications.


Answered by
Janet Daby Portrait
Janet Daby
Parliamentary Under-Secretary (Department for Education)
This question was answered on 5th March 2025

The Autumn Budget 2024 provided an additional £300 million revenue funding for further education (FE) for the 2025/26 financial year to ensure young people are developing the skills this country needs.

The department uses the 16 to 19 funding formula to calculate an allocation of funding to each institution, each academic year. The starting point for these allocations are the funding rates, which depend on the size of students’ study programmes or T Levels. The rates for 2024/25 can be accessed at: https://www.gov.uk/guidance/16-to-19-funding-information-for-2024-to-2025#national-funding-rate-for-2024-to-2025. The other elements of the funding formula are then applied, which include a number of adjustments, including for higher cost programmes. Further detail on how the funding formula works can be found at: https://www.gov.uk/guidance/16-to-19-funding-how-it-works#funding-formula.

The average total programme funding per 16 to 19 student is £6,219 in the 2024/25 academic year, according to published allocations.

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