Further Education Funding Council

HC Deb 14 December 1993 vol 234 c618W

Mr. Henderson

To ask the Secretary of State for Education what was the total budget for the Further Education Funding Council for 1992–93 and for 1993–94; and what is the planned budget for 1994–95.

Mr. Boswell

The figures requested for grant to the Further Education Funding Council are as follows:

	1992–93	1993–94	£million 1994–95 (planned)
Recurrent	24.5	2,549.2	2,679.5
Capital	—	151.8	157.0
TOTAL	24.5	2,701.0	2,836.5

The funding made available in 1992–93, prior to the establishment of the new further education sector on 1 April 1993, provided transitional funds to help institutions prepare for independence and to meet the costs of establishing the council.