To ask the Secretary of State for Education, if he will increase funding in further education colleges to the level of £5,000 per student.
25 October 2019
The government announced on 31 August 2019 that it will invest an extra £400 million in 16-19 education in 2020-21, which will increase funding per student in further education colleges. This is the largest injection of money in a single year since 2010 and represents an increase of 7% in overall 16-19 funding. As part of this, the base rate of 16-19 funding for all types of providers will increase by 4.7% in academic year 2020/21, from £4,000 to £4,188. The average funding per 16-19 student in general further education colleges in 2019/20 academic year allocations is £4,677. A 4.7% increase in that level would take funding in 2020/21 to nearly £4,900 per year. Other elements of the £400 million uplift next year will increase funding per student still further, and are likely to bring average funding per 16-19 year old student in general further education colleges still closer to £5,000.
The funding settlement for further education for adults aged 19 and over will be confirmed in due course. Further education and adult funding for 2021-22 onwards will be considered in the full Spending Review next year.