The Victorian Budget 2024/25 will deliver the School Saving Bonus as part of a $287 million package – providing $400 in support for every child at government schools, and eligible concession card holders at non-government schools.
Delivered through schools, the boost will help up to 700,000 students with uniforms, camps, excursions and sporting events at school.
The once-off Bonus will be applied for each child, but can be spent per family – so a family with three school children will receive $1,200 in support to spend on school costs.
Support will be provided in two ways: a credit towards the cost of participating in activities in school, and vouchers for parents to help with purchasing school uniforms.
The Bonus will be provided during Term Four of this year. More guidance will be provided to families in Term 3.
