Further Education (Funding)

HC Deb 12 July 1994 vol 246 c592W

Mr. Hinchliffe

To ask the Secretary of State for Education if he will review the current funding arrangements for further education.

Mr. Boswell

The way in which funds are allocated to colleges in the further education sector is a matter for the Further Education Funding Council to determine, having regard to the funding aims set by Government. The council has, after extensive and detailed consultation with colleges, put in place a new funding methodology for 1994–95, which has been widely welcomed. It is pledged to review the methodology year by year and has already started work for 1995–96.