The Department for Education (DfE) have referred to plans to fund colleges for teaching 14-16 year olds in their School funding reform: Arrangements for 2013-14 document.
The report states: ”In March, we explained how we would fund Further Education and Sixth Form Colleges which make full-time provision for 14-16 year olds. Our intention is to fund these settings in a simple and transparent way and, taking account of differences where necessary, to fund them in linewith other settings in the local area.
We are still finalising the details of how this funding will flow in practice and will give further details in the Autumn.”
The DfE have also said that they will ‘shortly’ publish their plans to reform the 16-19 funding formula in 2013/14.