The Pupil Premium is helping to boost the educational prospects of poorer children, it has been announced today.
Ofsted has published a report on how well schools in England are using the money to help support disadvantaged pupils in reaching their potential.
Today's report finds that headteachers and governing bodies, overall, are demonstrating a strong commitment to closing the attainment gap and that there is a strong link between a school's effectiveness and the impact of the Pupil Premium.
Funding is most commonly used to pay for extra teaching staff, booster classes, reading support and programmes designed to raise aspirations. Many schools also use the money to provide after-school, weekend and holiday sessions.
Commenting on the report, Liberal Democrat Leader Nick Clegg said:
"I've been fighting in Government for a fairer society where all our children have opportunities to succeed in life. This report shows that, through the Pupil Premium, we're starting to win that fight.
"The Pupil Premium has been one of the most significant changes in our education system for a long time and is already closing the attainment gap by helping up to two million disadvantaged children get the support, education and skills they need to get on in life - whether it's through literacy classes, catch up lessons or one-to-one tuition.
"This is just the start. From 2015 I want to see this help extended to disadvantaged three and four year olds too. This is all extra help for families across Britain to ensure that we live in a society where it is your talents and efforts alone, not your background that determines how successful you become."