Educational funding to be made fairer and clearer
Nick Gibb has stated that educational funding will be made simpler, fairer and more transport because of government efforts to ‘level up’ education.
The government currently provides funding for schools based on a formula that can take account of factors such as the needs of person pupils plus much more. But each local council sets its own formula for how to distribute that funding between schools in its area. It means similar schools can get different amounts of funding – just because they are actually around the country.
Now, the federal government is launching an appointment that seeks views on how you can simplify that process and, ensure all schools are funded on one, fair and consistent basis.
The proposals will even assistance to underpin the government’s ambition for all schools to become a part of a powerful multi-academy trust, meaning all schools inside a multi academy trust is going to be funded on a consistent basis, no matter which local authority they happen to be situated in. This can provide trusts with the predictability required to make the best utilization of resources and drive up academic standards.
Gibb said: “Parents and families deserve to realize that the extra money we are putting in to the education system is benefitting their children, wherever they live. We're delivering the biggest increase in educational funding in a decade, with total additional funding of over £14 billion over three years – but it is important the money is distributed fairly.
“We’ve already taken significant steps by removing the postcode lottery of the previous funding system but now it is time to go further and make the machine simpler and much more transparent – and be sure every school is treated fairly, wherever it is in the united states.”