16 to 19 funding: high value courses premium
Guidance about additional funding to encourage and support delivery of selected qualifications.
Applies to England
Documents
Details
Guidance for high value courses premium (HVCP) and HCVP for construction.
The high value courses premium (HVCP) is additional funding to encourage and support delivery of selected level 3 courses in subjects that lead to higher wage returns, to enable a more productive economy.
The HVCP for construction will apply in academic year 2026 to 2027 and is additional funding to encourage and support delivery of selected level 2 and level 3 qualifications in sector subject area 5.2 (building and construction) to support an increase in skilled construction workers.