The project, which launched in 2006, supported activities such as breakfast and homework clubs, sport, art and drama.
The axe of funding supporting Northern Ireland schools in helping disadvantaged children has been described as "devastating" and "shameful" by a trade union.
"This funding is no longer available and, due to the extent of budget pressures, it is not possible for this to be covered from the Department of Education's budget," it said. "It is yet another example of the failure of politicians to govern and leaving the futures of a generation of young people to the indifference to an unaccountable Secretary of State.
"The Department of Education should be in no doubt that cutting services will only strengthen the resolve of NASUWT members as they take strike action next week." "Over their school education our young people are being further undervalued in comparison to their compatriots in Scotland, to the amount of £18,000 each.
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