Lord Davies of Stamford – 2014 Parliamentary Question to the Department for Education

The below Parliamentary question was asked by Lord Davies of Stamford on 2014-03-25.

To ask Her Majesty’s Government what assessment they have made of the level of cuts to funding for tertiary education students aged 18 in Lincoln and the East Midlands.

Lord Nash

On 13 March we announced that we would mitigate the impact in academic year 2014/15 of the reduction in funding for 18-year-olds that we announced at the spending round in June 2013.

Without this mitigation, the reduction in funding for 18-year-olds would have led to a reduction of around 2% of total funding for 16- to 18-year-olds in the East Midlands and 3% in Lincoln.

The mitigation policy that we have just announced is to ensure that no institution will lose more than 2% of its 16- to 18-year-old funding in academic year 2014/15 as a result of the reduction in funding for 18-year-olds, and Lincoln College (the only further education college in Lincoln) will benefit from this mitigation. This will give schools and colleges more time to adapt to the change, including for those students who are already on courses.