Post 16 funding arrangements published for 2019 to 2020

12 Dec 2018 04:39 PM

Post-16 funding letter for the 2019 to 2020 academic year published

We have published our first combined post-16 funding letter, for the 2019 to 2020 academic year.

The letter brings together the 16 to 19 and 19+ funding in a single letter, rather than them being sent separately at different points of the year. This has been enabled by bringing together 16 to 19 and 19+ allocations, funding and contracting teams into a new post-16 funding centre to improve our service offer to customers.

Last academic year, we allocated at total of £8.6 billion to around 4000 institutions, which enabled 4.6 million students to participate in further education.

Building on this significant investment, in the 2019 to 2020 academic year, we have protected the national base rates for 16-19 learners at £4000 per full time student aged 16 to 17 and £3,300 per student for 18 year olds.

The government continues to investment in further education so that more people have a wide choice of high quality education and training. This includes:

The letter also sets out information on how we funded AEB allocations will change as a result of devolution from 2019 to 2020. AEB providers will be given more information about this through illustrative allocation letters being released this month.

The letter also outlines our continued work to increase scrutiny to protect learners and public funds and how it is supporting colleges ahead of the launch of the new insolvency regime, early next year.

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