Across the Aldershot constituency, schools are set to benefit from an additional £2,113,010 of funding.
- The Government is investing an extra £2 billion into schools this year and next, with every state school in England benefitting and schools in Aldershot receiving £2,113,010 in extra funding.
- The extra funding will deliver the highest real terms spending per pupil in history by 2024/25. This is delivering on the Government’s commitment to provide a world class education and deliver opportunity for all –wherever they come from and whatever their background.
The Institute for Fiscal Studies has highlighted this uplift will mean 2024/25 will be the highest spending year in history for schools. In total the schools budget will be £58.8 billion in 2024/25 – meaning the Government is putting more into school than ever before. It also means school funding is set to rise faster than forecast inflation in both 2023/24 and 2024/25. Schools will receive their first payment by 10 May 2023 and will be able to choose how best to invest the extra funding, including to pay for teacher salary uplifts and teaching assistants.
The remainder of the £2 billion funding boost will be used to increase Pupil Premium funding rates, which are rising by 5% in 2023–24. This extra funding will support disadvantaged pupils, local authorities’ high needs budgets, and special schools, making sure every child with special educational needs and disabilities receives the support and high quality education they deserve.
Commenting, Leo said:
"The Government are delivering an extra £2 billion in funding this year and next for primary and secondary schools across England, the highest real terms spending on schools in history. This will mean a typical primary school will receive an extra £35,000 and a typical secondary school £200,000, with schools set to receive this funding by 10 May.
"School funding is set to be at its highest ever level next year, even when accounting for inflation. Parents in Aldershot can be confident our schools are being supported to let teachers get on and do what they do best - teach."