Schools in England are set to receive their highest ever funding in real terms, totalling almost £60 billion for 2024-25 as the government today announces the extra funding they will receive through the National Funding Formula (NFF).
Mainstream schools in England will receive an average of around £6,000 for each pupil from next year through the NFF, with additional funding for teacher pay coming on top of that. More money than ever before is being invested in schools, ensuring every child gets a world class education.
Overall, funding will be at its highest ever level in real terms per pupil in 2024-25, as measured by the independent Institute for Fiscal Studies (IFS) – underlining the government’s commitment to education.
This money can be spent on staff salaries, school trips and classroom equipment which will help raise school standards and education outcomes. These increases form part of the additional £9.8 billion being invested in the schools core budget by 2024-25, compared to 2021-22.
