National Funding Formula: Bleak outlook for per-pupil funding in 2023/24

As the cost of living crisis rages and CPI inflation hits 10%, a quarter of England’s secondary schools will see their notional per-pupil funding for 2023/24 increase by less than 1%.

Analysis of the recently published National Funding Formula (NFF) provisional allocations for the schools, high needs and central school services blocks in 2023 to 2024 paints a bleak picture.

The analysis shows that under the NFF’s notional funding for local authorities, 37% of primary schools and 26% of secondary schools will see per-pupil funding increasing by less than 1%.

Meanwhile, only 8% of primary schools and 1% of secondary schools will see their per-pupil income rise by 5% or more.

The analysis has been carried out by the National Education Union (NEU), which is among those lobbying politicians over school funding and teacher pay during the annual party conferences this week and next.

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