04.11.19
Colleges and sixth forms to benefit from £155 million funding boost
Young people aged 16-19 will have access to high-quality courses that will help them develop their career opportunities as of next year.
The £155 million funding forms part of the additional £400 million, which was announced in August for school sixth forms and colleges for 2020-21, the biggest boost in funding of new money into 16-19 in a single year since 2010.
The details of how the £155 million will be allocated to colleges and sixth forms next year, so more young people can gain the skills they need to get ahead, have been published today:
- An additional £65 million will be implemented to help cover the cost of delivering courses in six key, more expensive subject areas: building and construction, hospitality and catering, engineering, transportation operations and maintenance, manufacturing technologies and science
- £55 million will be allocated for delivering high value courses. In particular those that deliver the skills the country needs for the future and which lead to higher wages for students, including a number of STEM subjects
- £35 million more will be provided to support students on Level 3 courses (A Level equivalent) who have not yet achieved a GCSE pass in maths and English to improve vital literacy and numeracy skills.
Education Secretary Gavin Williamson said: “We want all young people to have access to high-quality education and training that will set them on the path to a rewarding career. Next year colleges and school sixth forms will benefit from a significant £400 million funding boost to help them to do this.
“Part of this will be £155 million to support the delivery of courses that we know lead to higher wages and better career prospects for students. This funding also means that next year FE colleges could receive around £5000 funding per student.”