Annal Nayyar-Post 16 update

October 2012, the dfe consulted with institutions and other stakeholders on options for significant changes to the way 16 to 19 education and training is funded. It is now confirmed that for 2013/14 a new fairer, simpler and more transparent funding system will be introduced to support the raising of the participation age.

Under this system, institutions will attract a standard rate of funding for each student weighted for necessary course costs, retention and with additional funding for those at a disadvantage

An update will be given on week beginning 9th Dec

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