Details of how an additional £155 million will be allocated next year have now been published, with £35m being ringfenced for GCSE maths and English resits.
The DfE announced in August that providers of 16-19 education such as further education and sixth form colleges will receive £400 million additional funding, the single biggest annual increase for the sector since 2010. The announcement formed part of the Spending Round and covers the financial year 2020-21. The money will be allocated across the 257 colleges in England, as well as other FE providers, including school sixth forms.
There will be £35 million more for targeted interventions to support students on level 3 courses (A level equivalent) who failed GCSE Maths and English, so they can re-sit their exams.
Colleges and further education providers will receive an extra £25 million to deliver T-levels. The new qualifications start rolling out in September 2020, with two-year courses in subjects including accounting, digital production and onsite construction.
The advanced maths premium, which adds £600 to college budgets for every additional student who takes on A and AS level maths, is also funded with £10 million additional funding.
A new £20 million investment will also help the sector to continue to recruit and retain teachers and leaders, and provide more support to ensure high-quality teaching of T Levels.