Economist Luke Sibieta, programme director for education at the Institute for Fiscal Studies, also gave evidence to the education select committee and said it would take «a matter of minutes» to make the pupil premium
part of the national funding formula, adding he didn't see much value in having «one factor with different values in different formulas».
Not exact matches
The new
national funding formula is designed to stop inequalities that see schools in different
parts of the country, with similar intakes, receive different levels
of per - pupil budget.
Gibb was questioned as
part of the committee's inquiry into plans for a new
national funding formula, but the focus
of the hearing quickly became the general financial health
of schools.
The statement on small schools is nonsense because in reality most very small schools would not be considered sustainable even as
part of a MAT in the context
of a
national funding formula which will not give sufficient weight to the school's small size.
The government hopes its
national funding formula will address historic variations between different
parts of the country, but a lack
of additional money into the overall education pot means some schools will lose money, while others gain.