Cash in on New Deal

7th September 2001 at 01:00
HAS your New Deal money arrived? It should have. New Deal for Schools gives direct funding for the capital needs of their buildings, which can be capital repair, remodelling or new building work.

The money can be used to fund small capital projects, or it can be accumulated over three years to give a school a shot at a more substantial works scheme.

Funding was made available to local education authorities in January, and should have been paid directly into maintained school budgets.

All schools receive a lump sum of pound;6,000, with an additional formulae-based element, which could give a large secondary school more than pound;40,000 and a medium-sized primary school more than pound;10,000.

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