Education: Finance

Department for Education written question – answered on 4th September 2018.

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Photo of Caroline Lucas Caroline Lucas Co-Leader of the Green Party

To ask the Secretary of State for Education, pursuant to the Answer of 16 October 2017 to Question 106098, how much of his Department's budget allocated to 16 to 19-year old education was reallocated to other budgets in the financial year 2017-18.

Photo of Anne Milton Anne Milton Minister of State (Education)

Budgets for 16 to 19 year old education are set according to the established 16 to 19 funding formula, which uses student number estimates. As in 2015-16 and 2016-17, student numbers and associated costs were lower in 2017-18 than these estimates. This resulted in lower spending by £8.5 million, representing 0.15 per cent of the budget, which was available for reallocation.

Due to the fact that the reduction in spending was as a result of fewer students than forecasted, it did not affect funding per student.

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