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Schools Update
28 March 2022
Type
Written Ministerial Statement
Department
Department for Education
At a Glance
Issue Summary
The statement provides an update on two key elements of the government's work in education: the national funding formula and school improvement initiatives.
Action Requested
The government will bring forward legislation to move to a direct national funding formula for all mainstream schools, starting the transition process in 2023-24. A consultation is also launched to seek views on introducing new measures to support underperforming schools by enabling intervention and collaboration with strong academy trusts.
Key Facts
- The Government will publish its response to public consultation on moving to a 'direct' national funding formula for mainstream schools.
- Legislation to allocate funding for all mainstream schools according to a single, national formula will be brought forward when parliamentary time allows.
- Transition to the direct NFF will commence in 2023-24 through annual School and Early Years Finance (England) Regulations.
- A second stage consultation on implementation details is scheduled for Spring 2022.
- The new school improvement measure aims to intervene in schools rated as 'Requires Improvement' by Ofsted that were also less than 'Good' at their previous inspection.
- Schools in new Education Investment Areas will be prioritized for support through collaboration with strong academy trusts.
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