The Lancaster School receives a substantial sum in addition to the school budget in respect of Pupil Premium. This funding is based on the number of children eligible for Free School Meals in the school (including past eligibility). Schools are required to plan for the use of this funding to improve the standards attained by Free School Meals pupils, as well as to facilitate access to extra-curricular activities, etc.

Schools are also required to report to Parents and Governors as to the impact of the Pupil Premium spending, as well as project how the school intends to spend the allocation in future academic years.