To ask the Secretary of State for Education, what existing capital funding streams for new build campuses are available for new further education or sixth form colleges.
There are currently no capital funding streams available that can be used for new build campuses for new further education (FE) or sixth form colleges.
The free schools programme has opened a number of 16-19 academies in response to an identified need. The department remains committed to the free schools programme. However, we are not currently seeking new free school proposals, with decisions on capital funding in future years, including on free schools, to be made through the Spending Review.
The £1.5 billion FE Capital Transformation Fund is available to FE colleges to upgrade their existing estate. Further capital funding of £83 million has been made available in the 2021-22 financial year to existing post-16 providers, including FE colleges and sixth form colleges, to enable them to accommodate the demographic increase in 16-19 year olds. In addition, capital funding is available to existing providers to support delivery of T Levels and the establishment of Institutes of Technology.