Pupil Premium and Catch Up Funding
The Government believes that the Pupil Premium, which is additional to main school funding, is the best way to address the current underlying differences between children eligible for free school meals (FSM) and their peers by ensuring that funding to tackle disadvantage reaches the pupils who need it most. The Pupil Premium was introduced in April 2011 and is allocated to schools to work with pupils who have been registered for free school meals at any point in the last six years. Schools also receive funding for children who have been looked after continuously for more than six months, and children of service personnel. The funding allocation is lagged by one year.
The Education Funding Agency has set the following Pupil Premium rates for the 2018 – 2019 academic year:
Pupils in Years 7 to 11 recorded as Ever 6 FSM £935
Pupils recorded as ‘Service Child’ £300
The Education Funding Agency has set the following Pupil Premium Plus rates for the 2018 – 2019 academic year:
Looked-after children £2300
Children who have ceased to be looked after by a local authority £2300
In addition to the Pupil Premium funding the school also receives a year 7 'Catch-up' premium. This literacy and numeracy catch-up premium provides the school with a fund for pupils in year 7 who have a low prior attainment in literacy and/ or maths at the end of Key Stage 2. The school receives this fund as a backdated payment approximately seven months after the pupils start their education at The King's and, by DFE funding arrangements, is based on the allocation during the previous academic year.
Grant Allocation 2019-20
For the 2019-2020 academic year The King’s CE (VA) school received the following base allocation Pupil Premium funding:
(Pupil Premium Allocation: £165,460)
(Pupil Premium Plus: £13,800)
(Catch-up Premium: £21,090)
There was no carryover from financial year 2018/19
This gives us a total Income of: £200,350