Peter Kyle – 2015 Parliamentary Question to the Department for Education
The below Parliamentary question was asked by Peter Kyle on 2015-11-25.
To ask the Secretary of State for Education, what changes she plans to make to funding for the education and training of 16 to 19 year-olds outside the national base rate per student in each of the next five years; and if she will make a statement.
Mr Sam Gyimah
We announced, as part of the Spending Review, that we will protect the national base rate of £4,000 per student for the duration of the parliament.
We are aiming to set out full details of the funding rates for 16-19 institutions in 2016/17 this December; and to provide further information on savings that will be required from 2017/18, outside the national base rate, as soon as possible thereafter. We have already announced that this will include the gradual removal of Formula Protection Funding from 2016/17, ensuring sufficient lead-in time for providers to manage this reduction.