Please note: the factors that make up the national funding formula (NFF) haven't changed for 2024-25.
What is the NFF and who is it for?
The NFF is the series of building blocks that the DfE uses to work out state-funded mainstream schools' core funding allocations. If you're in a maintained special school, learn how your school is funded in section 3 of our other article.
Each summer, the DfE publishes a ‘notional budget’ at school level, but the end amount your school receives might be different (as we explain below).
The factors that make up the NFF are summarised in this image (source: the DfE's policy paper on the national funding formula for schools and high needs: 2024 to 2025, page 20):
Don’t worry, as a governor