Last Wednesday (28th February 2018) the DfE released details of the new Advanced Maths Premium that was announced in the Autumn Budget.
The purpose of the premium is to support the sector to grow the number of students studying high quality maths qualifications to level 3. The funds can be used to provide whatever support a provider deems necessary to do this.
- The Advanced Maths Premium equates to £600 (of non-ring fenced funding) per additional pupil per year from 2018-19 and covers a wide range of qualifications including AS and A Level Mathematics, Further Mathematics and Core Maths. The premium will first be paid automatically in 16 to 19 funding allocations for the academic year 2019 to 2020. For this payment, the number of additional students will be measured between the average of academic years 2015 to 2016 and 2016 to 2017 and academic year 2018 to 2019.
- If an additional student is studying both a maths and further maths qualification in the same academic year, that student will be funded twice in the same year. This is to encourage the take up of further maths.
The full guidance can be accessed here and our response to the announcement can be found here.