I’m delighted to announce that the Department for Education has listened to my lobbying and agreed to cap the amount of money further education and 6th form colleges lose from its decision to cut the funding for 18 year-olds in full time education.
Because of the need to deal with the deficit, last December the Government announced that from 2014/15 they would reduce funding for 18 year olds in full time education by 17.5%. They maintained support for disadvantaged students by not reducing the element of ‘disadvantage funding’ that is based on the number of students with poor prior attainment in GCSE English and/or maths. They also excluded from the funding reduction all students with statements of special educational needs, learning disability assessments or education, health and care plans.
Yesterday they announced that they will cap any losses resulting from this change at 2% of the institution’s programme funding from the Education Funding Agency. This is good news for Croydon College and John Ruskin College, which would otherwise have lost more than 2% of their funding.