Devolved formula capital funding

Devolved formula capital (DFC) is a source of capital funding for maintained schools and academies. Learn about how much your school will get, how it's allocated and the rules you need to follow when spending it.

Last reviewed on 29 June 2023See updates
School types: AllSchool phases: AllRef: 30078
Contents
  1. What is devolved formula capital (DFC)?
  2. Allocation amounts
  3. Rules on spending
  4. Additional funding for the 2022-23 financial year

What is devolved formula capital (DFC)?

DFC is funding to help you maintain and improve the condition of your school buildings, grounds and infrastructure.

It's allocated to individual schools, and you can spend it on capital projects that will support your school's own improvement priorities.

Allocation amounts

Access the 'funding allocations for 2023 to 2024' document from the school capital funding webpage.

It sets out the allocations at school level and responsible body level in different tabs.  

How the allocations will be given out

The responsible body for your school will receive the funding: 

  • For maintained, non-voluntary aided (VA) schools, you'll be paid via your local authority (LA)
  • Academy trusts, VA bodies and all other eligible institutions will receive their funding directly from the DfE

This is outlined in the 'condition funding methodology for 2023 to 2024' (page 4) from the school capital funding webpage.

DFC is paid as a single payment

The Key has taken great care in publishing this article. However, some of the article's content and information may come from or link to third party sources whose quality, relevance, accuracy, completeness, currency and reliability we do not guarantee. Accordingly, we will not be held liable for any use of or reliance placed on this article's content or the links or downloads it provides. This article may contain information sourced from public sector bodies and licensed under the Open Government Licence v3.0.