As an academy, QE is funded direct from the Education Funding Agency, a part of the Department for Education. However, we are funded on exactly the same basis as other Devon secondary schools using the Devon Local Funding Formula.
Schools receive an amount of money per student as well as some additional sums which are designed to recognise the school's particular circumstances and intake. For example, QE receives an additional amount to help us cope with the extra costs of a split site. Sixth Form students are funded on a simple national formula.
We are an exempt charity and a company limited by guarantee. You will find the latest audited accounts on this page along with our Funding Agreement and Articles of Association.