Tomorrow's budget is predicted to set aside £500 million for a new set of Grammar Schools.
Chancellor Phillip Hammond is to secure £320 million to fund approximately 140 new free schools, many of which are predicted to become grammars.
This is seen as a significant boost to the education sector and is expected to create 70,000 new school places.
Yet critics have argued that the money does not go far enough and that £6.7 billion was the actual amount necessary to bring existing schools up to scratch.
Shadow Education Secretary Angela Rayner attacked the Government for cutting the schools budget.
An education revolution
Prime Minister Theresa May announced she wants to create an education revolution.
An education white paper is expected to be proudced soon, which will consist of plans to reverse the ban on new grammars that was implemented by New Labour nearly 20 years ago.
The education investment will also contain £216 million that will contribute towards funding to rebuild existing schools.
In order to ensure that the poorest members of society are included in the Prime Minister's grammar schools revolution, there will be free transport to assist children on free schools meals to travel to a grammar.
20 free schools will open in 2020, with the remaining grammars expected to open over the course of the next parliament.
The Conservatives pledged during the last two general elections to create free schools. 431 of them are currently open with 243 new ones expected to be opened soon.
Mrs May said: 'During the last six years we have overseen a revolution in our schools system and we have raised standards and opportunity, but there is much more to do.'
Waste of money
However, opponents of the scheme argue it is an insufficient use of taxpayers' money.
Dr. Mary Bousted, general secretary of the Association of Teachers and Lecturers, said they are a 'waste of money.'
Totally insufficient
In response to the schools funding crisis, she said: 'These spending pledges are totally insufficient to tackle the schools funding crisis.'
But ministers have said that the schools budget is higher than it has ever been since Labour left office in 2010.
Rayner said she was 'really quite disgusted' by the funding plans.
Liberal Democrat education spokesman John Pugh said the Conservatives 'had their priorities wrong on education.'
But the New Schools Network said they want more of them in the inner cities.
Education Secretary Justine Greening declared new legislation that would lift Labour's ban on new selective schools after Theresa May became Prime Minister last year.
But the proposals met opposition from Tory backbenchers and the Labour Party as they diverted money away from other schools.
Tony Blair implemented the ban on new grammars after New Labour came to power in 1997.
The Budget starts at 12.30pm tomorrow and it will be Phillip Hammond's first one since becoming Chancellor in July last year after taking over from George Osborne.
You can watch it on BBC Daily Politics or on BBC Parliament.
