Academies: Finance

(asked on 2nd October 2019) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, whether his Department plans to review the 3000 pupil threshold for academy capital funding; and if he will make a statement.


Answered by
Nick Gibb Portrait
Nick Gibb
This question was answered on 7th October 2019

Schools and those responsible for school buildings receive condition funding through different routes depending on their size and type. All schools receive funding to spend on their capital priorities through an annual Devolved Formula Capital allocation. In addition, local authorities and larger multi-academy trusts (MATs) receive a School Condition Allocation (SCA) to invest in their priorities across the schools for which they are responsible. MATs are eligible for SCA if they have five or more academies and at least 3,000 pupils. The Department also offers an allocation to academy chains (groups of more than one trust) where they meet the size criteria as a group and have opted in. Smaller or stand-alone academy trusts and sixth form colleges can bid for funding to the Condition Improvement Fund (CIF). The funding available through CIF and SCA is calculated on the same basis per pupil.

For financial year 2020-21, condition allocations, the eligibility threshold for SCA will remain the same. The Department keeps funding policy under review, and we are undertaking a new school Condition Data Collection (CDC), due to complete later this year. The CDC will provide a high-level assessment of the condition of state funded schools in England and will help inform future capital funding policy.

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