Core schools budget grant – allocations and conditions of grant for the 2024 to 2025 financial year
2 October 2024
As announced in July 2024, the DfE is providing almost £1.1 billion through the core schools budget grant (CSBG).
As announced in July 2024, the DfE is providing almost £1.1 billion through the core schools budget grant (CSBG). This is to support schools with their costs in the 2024 to 2025 financial year, in particular following confirmation of the 2024 teacher pay award.
ESFA has now published schools’ and local authorities’ CSBG allocations
This includes funding for:
- mainstream schools and academies
- high needs settings
- local authorities employing centrally employed teachers
Alongside this, we have also published the conditions of grant
For 5 to 16 mainstream schools and high needs settings, we have taken a similar approach as for previous grants, such as the teachers’ pension employer contribution grant (TPECG), to distribute funding.
The full impact of the teacher pay award will be felt across financial years 2024 to 2025, and 2025 to 2026. The CSBG for 2024 to 2025 covers the financial year 2024 to 2025 (the first seven-twelfths) part of the award. We will consider the impact of the full year’s costs of the teacher pay award on schools when considering 2025 to 2026 budgets (as well as appropriate arrangements for academies in the period April to August 2025).
We will distribute the funding for early years settings through the early years budget grant (EYBG)
We will allocate funding for post-16 schools through the post-16 schools budget grant