An initial allocation of £26 million to cover the additional costs of diplomas in respect of pupils starting diplomas at key stage 4 in 2008/09 was notified to local authorities on 18 December 2007. The average level of funding payable per student from this source in 2008-09 will amount to £1,000.
The LSC will provide funding for 16 to 18-year-olds taking up Diplomas in sixth forms and colleges based on the funding rates published on 21 December 2007.
Further details of the funding available and the rates that apply can be accessed through the 14-19 education and skills website at
http://www,dfes.gov.uk/14-19/index.cfm?sid=43