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 10 February 2023
*Amended amount for 3 and 4 year old funding - apologies for any confusion this may have caused.
Early Years Funding Statement 2023/24
Following on from recommendations made through East Ridings Schools Forum on 26, January 2023, the early years funding rates for 2023/24 were agreed at East Ridings full Cabinet meeting on 9, February 2023. From the 1, April 2023 rates will increase as follows:
- 2-year-old funding entitlement will increase by £0.06p per hour from £5.57 to £5.63
- *3-and-4-year-old funding entitlement will increase by £0.26p per hour from £4.31 to £4.57
- A deprivation supplement will be paid at a rate equivalent to an additional £0.13p per hour. This is a mandatory supplement which is calculated using economic deprivation criteria and is paid based on specific children attending provision, from identified post code areas across east riding
- The national funding rate for Early Years Pupil Premium (EYPP) will increase by £0.02p per hour from £0.60p per hour to £0.62p per hour
- The national rate for Disability Access Funding (DAF) will increase by £28.00 from £800 to £828 per annum
All rates are based on the allocations provided by the Education and Skills Funding Agency (ESFA). For 2, 3 and 4-year-old funding entitlements, the full allocated increases will be passed directly to all early year’s providers who offer the funded entitlements. More detail on the allocations and rates can be found via the following link:
Early years funding: 2023 to 2024 - GOV.UK (www.gov.uk)
If you have any general or individual queries, please contact our Families Information Service in the first instance on:
Email: fish@eastriding.gov.uk
Telephone: 01482 396469
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