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)(HVCP) and HCVP for construction.
TheHVCP 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 willapplies 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.
Updates to this page
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We have updated this page to add an additional paragraph into the high value courses premium (HVCP) guidance explaining HVCP for construction and also to confirm links for the qualification lists.
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We have updated the 16 to 19 funding: high value courses premium (HVCP) attachment to remove the text on the outcomes of the review of level 3 qualifications reform that happened in December 2024 and confirm that the HVCP does not pre-empt or anticipate the outcome of the current level 3 pathways consultation. We have also updated the 16 to 19 HVCP for construction attachment with the link to the list of qualifications attracting high value courses premium for the 2026 to 2027 allocations.
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First published.