Further Education: Finance

(asked on 27th January 2020) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what the base rate of funding was for 16-19 year olds in 2013, in 2019-20 prices.


Answered by
Michelle Donelan Portrait
Michelle Donelan
Secretary of State for Science, Innovation and Technology
This question was answered on 30th January 2020

In 2013/14, the base rate of funding for 16-19 education was £4,000. Using the most recent GDP deflators to calculate the value of this rate at 2019-20 prices produces a figure of £4,435.

We are investing an extra £400 million in 16 to 19 education in 2020-21 to ensure we are building the skills that our country needs. 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 education than in 5 to 16 schooling. This includes a 4.7% increase in the base rate to £4,188. With other funding announced, such as an additional £120 million of funding for high cost and high value subjects and £35 million to support students with Maths and English GCSE retakes, this represents an increase of around 7% in overall 16 to 19 funding.

Funding for future years beyond 2020-21 will be considered as part of the next Spending Review.

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