Changes
On January 16, 2018 at 5:59:53 PM +1100, NSW Department of Education:
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Updated description of Resource Allocation Model (RAM) funding table (2016-2018) from
The Resource Allocation Model (RAM) has been developed to ensure a fair, efficient and transparent allocation of the education budget for every school. The model, introduced in phases, recognises that students and school communities are not all the same they have different needs and require different levels of support. **Data Notes:** * In 2016 NSW public schools will receive the third year of additional funding made possible through the Gonski agreement. The data shows the average FOEI, 2016 RAM funding and the change from the 2015 needs based funding delivered through the RAM using methodology consistent with the recommendations of the Gonski review. * The 2017 preliminary RAM total funding includes existing RAM and other program funding allocated to schools in 2016, and additional funding provided as part of the Gonski/NERA agreement. * Changes in a school's funding are as a result of changes to student need and/or student enrolments. * The Family Occupation and Education Index (FOEI) is a school level index of educational disadvantage related to socioeconomic background. FOEI is constructed from parental education and occupation information collected from student enrolment forms. FOEI uses a statistical regression model to produce a weighted combination of school-level parental education and occupation variables based on the extent to which each variable uniquely predicts average school performance. ** Data Source:** * [Local Schools, Local Decisions](https://education.nsw.gov.au/our-priorities/work-more-effectively/local-schools-local-decisions "Local Schools, Local Decisions "). NSW Department of Education.
toThe Resource Allocation Model (RAM) has been developed to ensure a fair, efficient and transparent allocation of the education budget for every school. The model, introduced in phases, recognises that students and school communities are not all the same they have different needs and require different levels of support. **Data Notes:** * The 2018 preliminary RAM total funding includes the total 2018 funding for the four equity loadings and three components of the base school allocation (a total of seven components). * Variance in needs based allocation from year to year represent the change in total RAM funding compared to the total needs-based allocation of the previous year. * Changes in a school's funding are as a result of changes to student need and/or student enrolments. * The Family Occupation and Education Index (FOEI) is a school level index of educational disadvantage related to socioeconomic background. FOEI is constructed from parental education and occupation information collected from student enrolment forms. A FOEI of zero indicates a school population with high socio-economic advantage. * For more information on the RAM, visit [Local Schools, Local Decisions](https://education.nsw.gov.au/our-priorities/work-more-effectively/local-schools-local-decisions "Local Schools, Local Decisions "). ** Data Source:** * Local Schools, Local Decisions. NSW Department of Education.