The Prime Minister has announced that we are investing an extra £14 billion in schools.
This cash boost means that every secondary school will receive a minimum of £5,000 per pupil next year. And every primary school will get a minimum of £4,000 per pupil from 2021-22.
The investment will help to give all young people the same opportunities to succeed – regardless of where they grow up or go to school. And it will bring the schools budget to £52.2bn in 2023.
Read on below to find out more about how our extra school funding will affect you
School Funding will rise by £14 billion
Our school funding boost will add £14 billion to schools’ budgets, so we can give more opportunities and support to pupils across the country. This government will work to give every child the best possible start in life.
The investment is going into both primary and secondary schools. And we are following the National Funding Formula, which means that more money will go to schools and areas that have been historically underfunded.
The Prime Minister has also pledged to meet the £4.5 billion requirement for teachers’ pensions from outside of the education budget. So every penny of the extra £14 billion will go straight to schools – delivering the best educational outcomes for our children.
Additional school funding for children with special educational needs
“We owe it to the next generation to ensure our education system is world-class, and that nothing stands in the way of our young people having the best choices in life, whatever course they take.”