https://www.gov.uk/government/publications/national-funding-formula-for-schools-and-high-needs<\/a>. It will mean core 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). This demonstrates the Government\u2019s commitment to ensuring every pupil receives a world class education.<\/p>The NFF targets additional funding to schools which have the greatest number of pupils with additional needs. The 2024/25 NFF will target a greater proportion of funding towards deprived pupils than ever before. Over £4.5 billion, or 10.1%, of the schools NFF has been allocated through deprivation factors in 2024/25. Over £7.9 billion, or 17.8%, will be allocated for additional needs overall. This will help schools in their vital work to close attainment gaps and level up educational opportunities.<\/p>
On top of this core funding through the NFF, Pupil Premium provides additional funding to support disadvantaged pupils. Pupil Premium rates have increased by 5% in 2023/24, taking total Pupil Premium funding to nearly £2.9 billion. Pupil Premium rates for 2024/25 will be announced later this year, in line with the usual timetable.<\/p>
<\/p>"}
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\u200b\u200bThe Department will set out plans for the allocation of the additional funding announced at the 2022 Autumn Statement shortly.\u200b<\/p>"}
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