What is the Pupil Premium?
The Pupil Premium was introduced in April 2011 and is additional funding that the government gives to schools for each pupil on roll where they are deemed to be disadvantaged.
The money must be spent on that pupil to support their education, but it is for the school to determine how it is spent. The Gov.uk website is a good source of additional information and details relating specifically to Pupil Premium can be found via this link.
Why is the Government providing the Pupil Premium?
Poverty or low income is the single most important factor in predicting a child’s future life chances, with many pupils having low attainment by the time they leave school at age 16. The Government believes that the Pupil Premium is the best way to address these underlying inequalities 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.
What is the Service Premium?
The Service Premium grant is for pupils who have a parent serving in the armed services. Unlike the Pupil Premium, this grant is not solely for raising attainment but for providing additional (mainly pastoral) support.
How will schools spend the grant?
Schools must spend the grant for the educational benefit of their eligible pupils. The grant can be spent on services that benefit pupils at the school or their families, in the locality in which the school is situated. Pupil Premium grants can be carried forward to the next financial year if all the money is not spent in the year in which it is allocated.