In March 2017, the government announced that extra funding would be made available for the additional costs of T levels, rising to an additional £500 million per year when T levels are fully rolled out.
Programme funding has now been allocated to educational institutions to prepare for the introduction of T levels through the capacity and delivery fund for industry placements and through the early adopter development fund for initial T level providers. Funding allocations totalled £57 million in academic year 2018/19 and £57 million in 2019/20. Allocations for 2020/21 will include funding for a further year of these preparation funding streams as well as funding for the initial delivery of T levels from September 2020. However, the total allocation amounts for 2020/21 are not yet available.
The government is also investing in continuing professional development for the workforce in providers of T levels and making available capital funding for the providers of T levels to invest in their facilities and equipment. This includes £38 million in capital funding for providers delivering T levels in 2020 and £95 million for providers delivering T levels in 2021.