To ask the Secretary of State for Education, pursuant to the announcement made by the Chancellor of the Exchequer in the Budget Statement, 16 March 2016, Official Report, column 963, on a fair national funding formula, how £500 million of funding has been allocated to date; and how much is allocated for future spending.
We have protected school funding so the amount per pupil remains the same during this Parliament. We will be spending an additional £500 million over and above this amount as we introduce the national funding formula. Of this £500 million, we are spending an extra £200 million a year in 2018-19 and 2019-20 on schools. This allows us to combine increases in funding of up to 5.5% in the first two years of the national funding formula with significant protection for those schools due to lose funding. Funding for pupils with a high level of special educational needs is also increasing, which allows us to provide increases of up to 6% in the first two years of the funding formula and protection so that no local authority loses any funding for high needs.