Education funding
“My Ministers will ensure that all young people have
access to an excellent education, unlocking their full potential
and preparing them for the world of work. ”
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A great education is fundamental to the success of
children, their families and our communities, as well as the
success of our country. Talent is evenly distributed, and we
must also ensure that every child has equal opportunities
through improved education.
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That is why we are giving schools a multi-billion pound
boost, investing a total of £14 billion more over three years,
so the core schools budget will be £7.1 billion higher in
2022-23 compared to this year.
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This will mean that every school has more money for every
child and we will level up minimum per-pupil funding for
primary schools to £4,000 and secondary schools to £5,000,
while making sure per-pupil funding for all schools can rise at
least with inflation.
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We will move towards delivering this funding directly to
schools, through a single national formula, so that it is fair
and equitable for every school in the country.
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We will also continue to expand the successful free
schools programme, promoting choice, innovation and higher
standards to kick-start wider improvement.
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We want to bring renewed focus to further and technical
education, and will ensure our post-16 education system is well
funded and organised in a way that enables young people and
adults to gain the skills required for success and to help the
economy.
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This means an extra £400 million for 16-19 year-old
education next year, an increase of 7 per cent overall in 16-19
year-old funding and the biggest injection of new money in a
single year since 2010.
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This will enable further education colleges and school
sixth forms to strengthen their provision. It will also include
additional investment in T Levels, supporting continued
preparation for these courses and the initial delivery from
September 2020.
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This means that funding is increasing even faster for
16-19 year-old education than for 5-16 year-old
education.
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We are committed to making sure that higher education
funding reflects a sustainable model that supports high quality
provision, maintaining our worldleading reputation for higher
education and delivering value for money for both students and
the taxpayer.
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We want to ensure we deliver better value for students in
post-18 education, have more options that offer the right
education for each individual, and provide the best access for
disadvantaged young people.
Key facts
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In 2020-21 school funding will increase by 5 per cent
overall compared to in 2019-20 - with the lowest-funded schools
seeing higher gains.
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As part of this investment, we are providing £780 million
of additional funding for complex special educational needs
specifically next year a 12 per cent increase.
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Secondary free schools are amongst some of the highest
performing state- funded schools in the country. In 2018, four
of the top 10 Progress 8 scores for state-funded schools in
England were achieved by free schools.
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There are over 3 million learners in Further Education,
with around 1.75 million learning in Further Education
Colleges, Sixth Form Colleges or Special Colleges.
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A record proportion of 16 and 17 year olds are
participating in education or apprenticeships.
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We are undertaking a review of post-18 education to
ensure we have a joined-up education system that is accessible
to all and encourages the development of the skills we need as
a country.
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In 2018, the proportion of English 18 year olds entering
higher education increased to a record entry rate of 33.7 per
cent, and 18-year olds from disadvantaged backgrounds were
proportionally 52 per cent more likely to enter university in
2018 than in 2009 (full time undergraduate study).
