Further Education: Funding

House of Lords written statement – made on 13th October 2010.

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Photo of Baroness Wilcox Baroness Wilcox The Parliamentary Under-Secretary of State for Business, Innovation and Skills

My honourable friend the Minister of State for Skills and Lifelong Learning has today made the following Statement.

On 8 September 2010 I informed the House that the Skills Funding Agency had written to 149 colleges notifying them that they will each receive a renewal grant of up to £225,000. There are also 21 who will receive an enhanced renewal grant taking their total grant up to £1 million. This will help enable colleges to modernise their facilities, giving them a much needed boost at a critical time.

On 8 September I also notified the House that the Skills Funding Agency was still working with a further five colleges to resolve affordability issues so that they can also benefit from the capital investment. I am pleased today to inform the House that these five colleges will all receive a £225,000 renewal grant.

154 colleges will now receive over £50 million in capital support this financial year, making a real difference to learners and communities.

The full list of the successful colleges is available on the following website at http://skillsfundingagency.bis.gov.uk/news/pressreleases/.

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