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<p>The Department’s financial records are maintained per financial year, as opposed to per academic year which is in line with Government Accounting Standards.</p><p>As such the confirmed and projected pro-rata spend for the four years covering the academic years 2021/22 to 2023/24, including all capital and programme spend, is as follows:</p><table><tbody><tr><td><p><strong>Financial Year</strong></p></td><td><p><strong>Spend</strong></p></td></tr><tr><td><p>2021/22</p></td><td><p>£16.3 million</p></td></tr><tr><td><p>2022/23</p></td><td><p>£37.8 million</p></td></tr><tr><td><p>2023/24</p></td><td><p>£62.3 million (projected)</p></td></tr></tbody></table><p> </p><p>These figures cover all direct payments for the delivery of National Professional Qualifications (NPQs), as well as payments made as part of the Targeted Support Fund offer, which is an additional financial incentive paid directly to schools to support teachers in primary schools and the smallest secondary schools and 16-19 settings to undertake NPQs.</p><p>The Department does not track or forecast spend on individual NPQs and it is important to retain budget flexibility to cater for year on year changes.</p> |