In October 2012, we consulted with institutions and other stakeholders on options for significant changes to the way 16-19 education and training is funded. It is now confirmed that for 2013/14 a new fairer, simpler and more transparent funding system will be introduced to support the raising of the participation age.

Under this system, institutions will attract a standard rate of funding for each student weighted for necessary course costs, retention and with additional funding for those at a disadvantage.

On this page you can download:

Letters

Presentations

Documents

Allocations

If you have any queries about the new system or the review, please email the contact on this page.

Contact details

Funding formula review
Email: FundingFormulaReview.EFA@education.gsi.gov.uk