• Schools learn £14 billion funding allocations

    960 640 Stuart O'Brien

    Schools are finding out how they will benefit from the government’s recent multi-billion pound investment in primary and secondary education.

    Figures published October 11th show how much money is being allocated to schools and local authorities in England next year – with every school getting more money for every child, according to the government.

    Every secondary school will be able to receive a minimum of £5,000 per pupil next year, and every primary school will be able to receive a minimum of £4,000 from 2021-22. The biggest increases will go to the schools that need it most, says the Department for Education.

    This follows the Prime Minister’s announcement in August that the budget for schools and high needs would be increased by a total of over £14 billion over three years, rising to £52.2 billion by 2022-23.

    Schools and local authorities found out how Government is allocating the first part of that investment – £2.6 billion – for the coming year.

    This new funding includes £780 million in 2020-21 to help children with Special Educational Needs and Disabilities (SEND) to reach their potential.

    The government says the extra money, available from April, will:

    • Ensure that per-pupil funding for all schools can rise at least in line with inflation
    • Progress the implementation of its National Funding Formula, which aims to deliver promised gains in full for areas which have been historically under-funded
    • Give schools the certainty they need to plan their budgets

    The government says schools will also continue to benefit from government support to ensure they can make the most of their budgets, following the launch of the Department for Education’s School Resource Management Strategy.

    This ranges from a free-to-use vacancy service to recruit teachers, to expert advisers who provide tailored support to individual schools that need it.

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    Stuart O'Brien

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