Schools: Finance

Department for Education written question – answered on 8th October 2019.

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Photo of Jonathan Lord Jonathan Lord Conservative, Woking

To ask the Secretary of State for Education, what steps he is taking to equalise the level of schools funding for local authorities.

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

In August, the Department announced a school funding settlement, providing for an increase of over £14 billion for primary and secondary schools, in total, over the next three years. The £14 billion means the Department can ‘level up’ school funding by raising the minimum per pupil funding for secondary schools to £5,000 next year, and the minimum per pupil funding for primary schools to £3,750 in 2020-21 and £4,000 in 2021-22.

Average school funding is increasing by 5% next year – a significant increase - and the Department is allocating the biggest increases for the lowest-funded schools. In addition, every school in England can see an increase in per pupil funding at least in line with inflation, with most schools attracting real terms increases.

This settlement comprises cash increases of £2.6 billion for 2020-21, £4.8 billion for 2021-22 and £7.1 billion for 2022-23 compared with 2019-20. As part of this, the high needs budget will rise by over £700 million in 2020-21 compared to this year, which is equivalent to an increase of over 11%.

In delivering this settlement, this Government is giving all young people the best opportunities to succeed - regardless of where they grow up or go to school.

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