national funding formula | Schools Week

鈥楾he national funding formula: an easy guide鈥�

Few would argue with the merits of a national funding formula and a fairer distribution of the current quantum. There have been historic winners and losers in school funding and, while a move to a national formula will address this inequity, the challenge will be how we transition from one funding system to another in […]

Good News: National funding formula includes cash pledge for beleaguered PFI schools

Schools stuck with hefty private finance initiative contracts will be given extra funding under the new national formula after Nicky Morgan (pictured below) admitted her team of lawyers had failed to unpick the “watertight” deals. In last week’s edition, Schools Week revealed the toxic legacy of private finance initiative (PFI) contracts with firms who built […]

National funding formula: We might benefit from the change but the government needs to be bolder

Southend High School for Boys is one of many schools that gets a “raw deal” under the current funding methodology. We welcome the long-awaited consultation. The Department for Education (DfE) proposals are broadly in line with what we expected, and in some cases feared! Of course, it is hard to assess the practical impact of […]

National funding formula: ‘The debate should be a marathon not a sprint’

The publication of the national funding formula consultation yesterday has fired the starting pistol on the race to create a funding framework that is fit for purpose. There is a palpable sense of relief that we are finally underway. After all, we have been waiting, lobbying and training for this debate for years. The argument […]

Nicky Morgan launches consultation on national fair funding formula for schools

School funding will be delivered via a national funding formula from 2017, the terms of which will be established during a series of consultations launched by the education secretary today. The proposals will end historical inequalities in the funding system which have led to schools in some parts of the country receiving an average of […]

Fair funding formula could be toxic for PFI schools

Pledges to create a new England-wide fair funding formula could be derailed unless ministers find a way to fund schools’ PFI agreements. Many schools currently receive funding towards their PFI repayment contributions through a specific clause in their funding formula. The money is sliced from the dedicated schools grant given to local authorities – before […]

National funding formula speculation ‘irresponsible’ says DfE as director laments consultation delay

Speculation that the release of proposals for a national funding formula could be postponed until after May’s London mayoral elections has been dismissed as “irresponsible” by the government, despite the apparent frustration of a senior civil servant over ongoing delays. Sue Baldwin, the Education Funding Agency’s academies and maintained group director, admitted today that she […]

Don鈥檛 rush national schools funding formula, warn unions

Academies will lose tens of thousands of pounds and support services in council-maintained schools will dwindle as the government cuts almost 75 per cent of the education services grant (ESG). George Osborne said on Wednesday that the ESG would be targeted for £600 million of efficiency savings and that councils’ roles in “running” schools would […]

National funding formula could create ‘significant numbers’ of winners and losers, IFS warns

The implementation of a national funding formula for schools could create “significant numbers” of winners and losers or lead to large cuts for inner-London schools, the Institute for Fiscal Studies (IFS) has warned. The IFS today set out two options which could be explored by the government as it seeks to introduce a national formula from […]

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