Further Education: Finance
2026-06-01 · Department for Education · 6113 · Official question
Question
To ask the Secretary of State for Education, what assessment she has made of the potential merits of re-orienting the further education funding system to rewards outcomes rather than headcounts.
Answer
We use the 16 to 19 funding formula to calculate and allocate funding to each institution, each academic year. Basic funding for institutions is calculated using lagged student volumes and funding rates, which depend on the size of their students' study p...