The Education Funding Agency (EFA) have confirmed that the Department for Education (DfE) published an ‘error’ in the new 16-19 formula.

The EFA said: “The diagram of the formula is not completely accurate and should include brackets – but the diagram is only intended to be for illustrative purposes, rather than the final specification for the funding methodology. The error has already been noted, and will be amended in future releases of the document and other information.”

The formula, without the required brackets, was published in the DfE’s Funding full participation and study programmes for young people report, and can be seen below: