Post-16 providers will see a 2.2 per cent increase in the national base rate for full time students aged 16 and 17 from August 2023 – equivalent to just an extra £100 per head.
The Department for Education announced the below-inflation rise today, which means the rate for full time 16- to 17-year-old learners on college courses of 580 hours or more will increase from £4,542 to £4,642 in the 2023/24 academic year.
The uplift also applies to those aged 18 and over with high needs.
The DfE said the new rate will continue to fund the extra 40 hours per student requirement introduced this year, adding that it aims to publish updated guidance on this rule, including monitoring and reporting requirements, by the end of next month.
