16 to 19 Funding Rates and Formula Guidance Updated for 2025-2026 Academic Year
Summary
The Education and Skills Funding Agency (ESFA) has updated its 16 to 19 funding rates and formula guidance for the 2025 to 2026 academic year. The latest guidance covers the period 1 August 2025 to 31 July 2026. ESFA notes it closed on 31 March 2025 with all activity transferred to the Department for Education. Updated documents include increased rates and programme cost weightings, as well as new T Level funding rates.
What changed
The Education and Skills Funding Agency has added updated 16 to 19 funding rates and formula guidance for the 2026 to 2027 academic year, following previous updates for 2025 to 2026 including increased rates, programme cost weightings, and new T Level funding rates. The guidance notes that ESFA closed on 31 March 2025 with all activity now under the Department for Education.
Educational institutions and providers delivering 16 to 19 education programmes should continue to follow this guidance and monitor the 'what's new' sections for annual rate changes. The funding formula applies to all eligible 16 to 19 year old learners in England receiving education and skills funding.
What to do next
- Continue to follow this guidance following ESFA closure on 31 March 2025
- Refer to the 'what's new' section for changes from the previous year
- Review updated 2026 to 2027 rates and formula when applicable
Archived snapshot
Apr 16, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Guidance
16 to 19 funding: rates and formula
The funding rates and formula used to calculate the education and skills funding arrangements for 16 to 19 year olds.
From: Department for Education and Education and Skills Funding Agency Published 19 May 2015 Last updated 18 March 2026
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Applies to England
Documents
16 to 19 funding: 2026 to 2027 rates and formula
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16 to 19 funding: 2025 to 2026 rates and formula
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Funding guidance for young people 2024 to 2025 rates and formula
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Details
The Education and Skills Funding Agency (ESFA) closed on 31 March 2025. All activity has moved to the Department for Education (DfE). You should continue to follow this guidance.
The latest guidance covers the period 1 August 2025 to 31 July 2026 and is our current advice for academic year 2025 to 2026. You can see the changes from the previous year by looking in our ‘what’s new’ section.
Published 19 May 2015 Last updated 18 March 2026 show all updates
1.
18 March 2026
Added '16 to 19 funding: 2026 to 2027 rates and formula'.
2.
5 June 2025
We have updated the 16 to 19 funding: 2025 to 2026 rates and formula guide to show the increased rates and programme cost weightings for 16 to 19 funding in academic year 2025 to 2026.
3.
30 April 2025
We have updated the 16 to 19 funding: 2025 to 2026 rates and formula guide with new T Level funding rates.
4.
26 March 2025
We have added the 16 to 19 funding rates and formula for 2025 to 2026. You can see the changes from the previous year by looking in our ‘what’s new’ section.
5.
27 March 2024
We have published the funding rates and formula guidance for young people for the 2024 to 2025 academic year. We have removed the 2021 to 2022 rates and formula guidance.
6.
21 July 2023
We have updated this page to show all the changes for 2023 to 2024 due to the extra funding announced in July. You can see all the changes in our what's new section.
7.
29 March 2023
We've added the 'Funding guidance for young people 2023 to 2024 rates and formula' documents and removed the 'Funding guidance for young people 2020 to 2021 rates and formula' and 'Funding guidance for young people 2019 to 2020 rates and formula' documents from this page. We have included a link to The National Archives so users can review the guidance for previous years.
8.
30 March 2022
Updated to include the 2022 to 2023 funding guidance for young people: rates and formula
9.
12 November 2021
We have added a section on work experience core aims to the 2021 to 2022 rates and formula guidance.
10.
10 March 2021
Funding rates and formula for 2021 to 2022 has been added.
11.
29 July 2020
We have issued the Funding rates and formula 2020 to 2021 version 1.2 to include information relating to the high value courses for 18 and 19 year olds one year offer and some minor clarification. All changes are listed on page 7 of the document
12.
5 May 2020
We have confirmed that the published funding rates and formula 2020 to 2021 is our current advice for the academic year and if or when we make updates to this we will communicate this through the ESFA Update
13.
6 March 2020
We have added the funding rates and formula guidance for the academic year 2020 to 2021.
14.
25 April 2019
The page has been updated for the 2019 to 2020 academic year.
15.
27 July 2018
The supporting presentation for the 2018 to 2019 Funding rates and formula guidance has been added.
16.
14 May 2018
The guidance for 2018 to 2019 funding rates and formula have been added.
17.
4 July 2017
Funding rates and forumula 2017 to 2018 presentation has been added to the page.
18.
7 April 2017
The funding rates and formula for 2017 to 2018 has been added.
19.
12 April 2016
Funding guidance for young people 2016 to 2017 rates and forumula has now been added
20.
19 May 2015
First published.
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