Commons Sense

House of Commons · Written Ministerial Statement

School Funding Update

19 July 2022 · Department for Education

Proposed by Will Quince Con Colchester

Education

Summarised by AI from the official record, so it can contain mistakes.

View on Parliament.uk

At a glance

Key points

  • The government is increasing high needs funding by 570m.
  • All local authorities will receive at least a 5% increase per head of their 2-18 population.
  • Mainstream schools will experience a 1.9% per pupil funding increase.

Issue summary

The statement provides updates on school funding increases for 2023-24 through the national funding formula.

Action requested

The government is increasing high needs funding by £570m, with all local authorities receiving at least a 5% increase per head of their 2-18 population. Mainstream schools will see a 1.9% per pupil increase in funding. The transition to the direct national funding formula for mainstream schools begins this year.

Key facts

  • High needs funding is increasing by £570m, or 6.3%, in 2023-24.
  • Core schools funding (mainstream and high needs) is increasing by £1.5bn compared to the previous year.
  • Funding for mainstream schools through the schools NFF is increasing by 1.9% per pupil in 2023-24.
  • 9.8% of the schools NFF funding will be allocated to deprivation in 2023-24.
  • Local authorities will only be allowed to use NFF factors in their local formulae, and must move their local formulae factors 10% closer to the NFF values.
  • Central school services funding is £292 million in 2023-24.
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