School funding (a quick guide)


Excluding capital funding, for the year 2024/25, the UK budget for schools was set at £63,700,000,000, which is primarily allocated to schools in the following ways:


In addition to the above, the pupil premium grant is additional funding provided to state schools to enhance educational outcomes for students from low-income families. This funding is crucial as it helps to bridge the attainment gaps that many disadvantaged children experience. Schools can use Pupil Premium funding for various purposes, including interventions, extracurricular activities, educational resources, FREE school meals, FREE music lessons, and more.


Eligibility: Low-income parents who receive Universal Credit, Income Support, or Job Seeker’s Allowance may qualify for Pupil Premium.


Pupil Premium Rates for 2025/26:


Other grants:


Pupil Premium Plus (PPP) for looked-after children

Service Pupil Premium (SPP)


Written by John Hugill

March 2025