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Further Education: Finance

Question for Department for Education

UIN 990, tabled on 16 October 2019

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.

Answered on

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.