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<p>The government plans to invest nearly £7 billion during the 2018/19 academic year,
to ensure there is a place in education or training for every 16 to 19 year old who
wants one. This is made up of £5.7 billion as set out in the 2018/19 published 16
to 19 allocations (available at the following link: <a href="https://www.gov.uk/government/publications/16-to-19-allocation-data-2018-to-2019-academic-year"
target="_blank">https://www.gov.uk/government/publications/16-to-19-allocation-data-2018-to-2019-academic-year</a>.)
along with our estimates of: additional high needs funding from the Dedicated Schools
Grant that will be invested by local authorities in young people with complex special
educational needs or disabilities (whose support costs more than schools and colleges
can meet from their annual budget); and investment in apprenticeships for 16 to 18
year olds.</p><p>By 2020, funding in adult skills participation will have increased
through maintaining the Adult Education Budget at £1.5 billion per annum, by investing
nearly £2.5 billion in apprenticeships per year, double what was spent in 2010, and
by extending the reach of Advanced Learner loans so that funding has been available
to meet demand. In addition, the total amount of investment in skills through the
European Social Fund (ESF) is between £250 and £300 million per annum. Plans are being
made to determine what provision should be delivered as a replacement for ESF.</p>
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