Education sector to receive £4.8bn boost to recover from impact of COVID-19
Schools across England are set to receive a £4.8bn funding boost in 2021 compared with 2019, to help recover from the impact of the coronavirus pandemic.
Funding figures released today show how every pupil is to benefit from the second year of the Government’s school funding settlement worth a total of £14.4bn over three years – the biggest increase in a decade.
The investment is a part of the Prime Minister’s pledge to ‘level up’ education funding and give all young people the ‘same opportunities to succeed, regardless of where they grow up or go to school’.
Schools are also set to receive significant investment from the Government’s £1bn Covid catch-up package next academic year, with guidance and funding for schools published today.
Prime Minister Boris Johnson said:
“Every child deserves a superb education – regardless of which school they attend, or where they happened to grow up. That is why we are providing additional funding now and for the future for every school – with those historically underfunded receiving the greatest increase. I want to again thank teachers, childcare workers and support staff for the brilliant work they have done throughout the pandemic, and for the preparations underway to welcome back all children from September.
“Our £1bn covid catch-up package, on top of these increases in per pupil funding, will help head teachers support those who have fallen behind while out of school, and deliver a superb education for all children across the country.”
Each secondary school will attract a minimum of £5,150 per pupil and each primary a minimum of £4,000 per pupil under the national funding formula from 2021, up from the £5,000 and £3,750 which schools are receiving this year in the first year of the funding settlement.