Education Funding

11 June 2015

The overall national education budget should be set such that all educational institutions can be funded at a level that enables them to provide an outstanding quality of education for their students. Within this overall budget the capital allocation should be sufficient both to provide additional school places to meet the demographic demand and to ensure that the existing building stock is maintained at a good standard including the replacement or refurbishment of substandard or unfit for purpose accommodation.

The distribution of the national education budget to educational institutions should be sufficient, sustainable and equitable, including access to capital allocations.

An individual school or college budget allocation should be transparent and predictable to enable effective strategic financial planning by educational institutions.