Question to the Department for Education:

To ask the Secretary of State for Education, pursuant to the Answer of 8 January 2025 to Question 21873 on Teachers: Pay, when she plans to publish the allocation of the £300 million revenue funding for Further Education in the 2025/26 financial year.

The Autumn Budget 2024 provided an additional £300 million revenue funding for further education (FE) for the 2025/26 financial year to ensure young people are developing the skills this country needs.

On 15 January the department notified education institutions via the Education and Skills Funding Agency update that approximately £50 million of this funding will be made available to general FE colleges and sixth form colleges for the period April to July 2025. This one-off grant will enable colleges to respond to current priorities and challenges, including workforce recruitment and retention. Schools and academies will also continue to get grant funding for their 16 to 19 provision over this period.

The remaining funding will be made available in 16 to 19 funding rates for the 2025/26 academic year, with the aim of ensuring that all 16 to 19 providers are funded on an equitable basis from 2025 to 2026. We are preparing the operational detail of the 16 to 19 funding rates and formula and the allocations timeline for the 2025/26 academic year. We aim to publish more information as soon as we can and will provide a further update in due course.

The full update can be accessed at: https://www.gov.uk/government/publications/esfa-update-15-january-2025.