School children in the borough will receive a funding boost of nearly £200 each next year.
Following a debate in the House of Commons on Thursday, March 13, schools minister David Laws announced that pupils across the country will receive more money from the government to ensure they all meet the minimum funding level.
Under the plans, a minimum funding level will be set for the basic amount that all pupils should attract, for deprived pupils, for pupils with English as an additional language, for pupils with low levels of attainment on entering school and for pupils who have been looked after.
In total, both constituencies will receive an extra £24.8m, which equates to £185 per pupil.
Dominic Raab, MP for Esher and Walton, said: “Because of the difficult decisions we have made, the government is not just paying down the deficit, but also freeing up money for vital investment. I have long campaigned for a review of the arbitrary schools’ funding formula.
“So, I’m delighted the reforms announced will mean an extra £24.8m, equivalent to £185 per local pupil, invested each year in Elmbridge. This is a major victory for our parents and children.”
The extra money will be allocated to schools in April 2015 for the 2015-16 financial year.