Educational Institutions: Finance

(asked on 20th May 2020) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what plans his Department has to review funding rates for colleges.


Answered by
Gillian Keegan Portrait
Gillian Keegan
Secretary of State for Education
This question was answered on 2nd June 2020

The government announced on 31 August 2019 that it will invest an extra £400 million in 16 to 19 education in 2020-21. This is the largest injection of money in a single year since 2010 and represents an increase of 7% in overall 16 to 19 funding. As part of this, the base rate of 16 to 19 funding will increase by 4.7% in the academic year 2020/21, from £4,000 to £4,188.

The government appreciates the importance of adult education to improving people’s life chances and is looking carefully at all elements of further education funding, in preparation for the forthcoming Spending Review.

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