Resource available from the DfE - Learn more about school funding
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We wanted to make our Finance & Accountancy blog subscribers aware of some useful information available from the DfE's Education Hub blog.
As ever, if you have any questions about what DfE and ESFA updates and resources really mean for your school please feel free to contact our team on financeservicedesk@schoolbusinessservices.co.uk and 0345 222 1551 | Opt 5.
The article includes some key questions:
- How are schools funded?
- How do you decide how much each school gets for educating pupils?
- Is that why a school in one area might get a different level of funding to a school in another areas?
- Are there other factors that can affect how much money schools receive?
- The Chancellor said at the budget that by 2024-25 school funding will go up by £1,500 per pupil compared to 2019-20 levels. How does that work?
- So what’s the average spend per pupil now?
- How have school funding levels changed over the last 10 years? – I’ve heard this increase in funding only takes us back to 2010 levels.
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Academies/MATs Maintained SchoolsAwesome source! This week's blog was taken from the Education Hub
The Education Hub is a site for parents, pupils, education professionals and the media that captures all you need to know about the education system. The SBS Finance & Accountancy team will continue to highlight articles in the Education Hub that our subscribers may find useful.