Schools: Finance
The question
To ask the Secretary of State for Education, with reference to the report entitled Budget 2024 Briefing, published by Tech First in October 2024, what assessment she has made of the potential impact of levels of child poverty on resource allocation in schools.
Answered by Catherine McKinnell
The schools national funding formula (NFF) targets funding to schools which have pupils with additional needs. In the 2024/25 financial year, over £4.4 billion (10.2%) of the formula is allocated according to deprivation factors in the NFF, including free school meals (FSM) for pupils from disadvantaged backgrounds, and over £7.8 billion (17.8%) is allocated for additional needs overall.
The department has recently published provisional factor values for the 2025/26 NFF, including the increases to the deprivation factors within the formula. This is published at the following link: https://www.gov.uk/government/publications/pre-16-schools-funding-local-authority-guidance-for-2025-to-2026.
The core schools budget grant (CSBG), announced earlier this year to support schools with the costs of the 2024 pay awards for support staff and teachers, likewise includes a deprivation factor. This means pupils who have been eligible for FSM at any point over the past six years attract additional funding to their schools through the CSBG.
On top of this funding through the NFF and CSBG, the department also provides additional funding to schools through the pupil premium to improve the attainment and wider outcomes of pupils from disadvantaged backgrounds. In the 2024/25 financial year, total pupil premium funding is worth over £2.9 billion.
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