DfE announces additional school capital funding for the 2022/23 financial year
The Department for Education recently announced an additional £447 million in capital allocations for schools on top of the Devolved Formula Capital (DFC) already allocated.
With payments expected in December 22, each school, or eligible institution, will receive a lump sum of £10,000 and an amount per pupil of £20.06, weighted by the phase of the pupil.
Schools must spend this funding on capital projects, with the focus on projects to improve your school’s energy efficiency.
Full details of your school’s allocation can be found here along with the ‘condition grants spend guidance’:
