Equity-based budgeting in education: School funding formula
January 20, 2022

Highlights
The report "Equity-based budgeting in education: School funding formula" reviews the potential role and capacity of per-student funding (PSF) and other variants of needs-based funding formulae to promote equity in education. It defines and measures educational equity in the context of education financing and identifies key components to promote equity through allocation of additional resources to disadvantaged pupils and schools. The report also presents case studies from five countries and offers recommendations for effective implementation of formula funding models.
