Skip to main content

Further Education: Finance

Question for Department for Education

UIN 8315, tabled on 27 January 2020

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 on

30 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.

Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.