Question to the Department for Education:
To ask the Secretary of State for Education, what recent assessment he has made of the adequacy of funding for sixth form students.
We forecast future 16-19 year old student numbers and take into account population forecasts when considering the future need for education funding for 16-19 year olds. Future budgets for this education provision are being considered in the current Spending Review.
We have invested an extra £291 million in 16-19 education in the 2021-22 financial year. This is in addition to the £400 million awarded in the 2019 Spending Review, which was the biggest injection of funding into 16-19 education in a single year since 2010. This has allowed us to raise the base rate of funding for all providers of 16-19 education, including school sixth forms and sixth form colleges, from £4,000 in the 2019/20 academic year to £4,188 in the 2020/21 and 2021/22 academic years, as well as to make further funding increases targeted on high value and high cost programmes.
This year, we have also made £83 million in capital funding available through the Post-16 Capacity Fund to support eligible post-16 providers to accommodate the upcoming increase in 16-19 year olds. Bids are currently being assessed and the outcome will be announced in due course.