National Funding Formula
The Secretary of State for Education, Justine Greening, set out the Government’s final decisions on the National Funding Formula (NFF) for schools and high needs.
The NFF aims to make the way schools are allocated funding fairer, with a system that determines the level of funding based on need. The new formula will come into effect from April 2018 and the Department for Education has released figures that show how much funding would’ve been allocated under the formula had it been implemented in 2017/18. The figures show that every school in Fareham would see a percentage change in additional funding of between 0.8% and 13%. Fareham constituency as a whole would’ve seen a 6.2% increase in school funding under the formula for 2017/18.
The NFF will be a huge benefit for the whole country and Fareham in particular. I organised a meeting with Fareham teachers and the Schools Minister earlier in the year, so I know there were anxieties about possible losses in funding.
But, doubts about any negative impact of the new scheme have been dispelled by the projections from the DfE, which shows Fareham schools would’ve gained additional funding under the new system, which means more funding per pupil at every school.
The Conservatives are delivering on our manifesto pledge to make school funding fairer. The new formula will replace the current out of date funding system that sees each area of the country receive very different amounts of money for no justifiable reason.
There are some excellent large VIth Form Colleges like Peter Symonds in Winchester and Barton Peveril in Eastleigh, but there are more than a 1000 young people travelling far to access A Levels. This is often expensive- whether on public transport or by car- and very time-consuming, especially when there is traffic at peak times on the M27. I have worked hard to engage with local education leaders and am encouraged by the consensus amongst local secondary schools in Fareham and Hampshire County Council that there is a clear need for A Level places in Fareham. Working together, I am confident that we will identify the best mechanism for delivering this.
I will continue to work with education providers to deliver A Levels and am keen to hear your views on what you would like to see in Fareham.