Historically there has been a funding disparity between schools and sixth form college and other further education establishments, with schools having been funded on a higher basic funding rate. We committed in the White Paper, ‘The Importance of Teaching’, published in November 2010, to end the disparity in post-16 funding so that, by 2015, schools and colleges will be funded at the same level as one another. In 2011/12 schools were moved onto the same base rate of funding as colleges. We introduced transitional protection for four years to give institutions sufficient time to adjust to the new base rate of funding and to the other funding changes announced in the December 2010 16-18 ‘Funding Statement’. Transitional protection will be removed completely in 2015/16.