Schools: Finance

Department for Education written question – answered at on 10 November 2016.

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Photo of Julian Knight Julian Knight Conservative, Solihull

To ask the Secretary of State for Education, what progress is being made on the fair funding formula for schools; and when she plans that new funding to begin.

Photo of Nick Gibb Nick Gibb Minister of State (Education)

In March we published the first stage consultation on the schools national funding formula, covering the principles and building blocks of the formula and the factors we believe should govern how funding is distributed in future. We will publish our response later this year. At the same time we will put forward our detailed proposals on the design of the formula and the transition arrangements, and illustrate the effect for individual areas and schools. Following full consultation we will make final decisions and confirm arrangements in the new year. The new system will be in place from April 2018.

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