The government has announced that £155m of the £400m additional funding for 2020-21 will be allocated to 16-19 institutions looking to “expensive but crucial subjects”. The breakdown of the £155m is as follows:
- £65m to cover the cost of delivering courses in building and construction, hospitality and catering, engineering, transportation operations and maintenance, manufacturing technologies and science
- £55m will go towards delivering “high value courses”, including subjects related to science, technology, engineering and maths (STEM)
- £35m will be spent on students taking level 3 courses (equivalent to A-levels) who have not achieved a GCSE pass in maths and English, so they can re-sit exams in these subjects
The additional £400m of funding on further education and sixth forms in 2020/21 was announced in September and increases the base rate of funding for 16- and 17-year olds, which has been frozen at £4,000 per-student since 2013.