Financial Assistance Information for Parents
Dear parents and carers,
In Term 4, 2024, families with a child enrolled in a government school from Prep to Year 12 in 2025 will receive the one-off $400 School Saving Bonus.
The $400 School Saving Bonus provides families with support for education-related costs, such as school activities and/or school uniforms and textbooks.
The School Saving Bonus is not available for full-fee international students, home schooled students, TAFE students and students attending kindergarten in 2025.
Actions for parents and carers
Before 18 October 2024, the Department of Education is asking parents and carers to:
- Complete enrolment: If your child, or children are changing government school for Term 1 2025, or starting Prep or Year 7 in 2025. For more information, read about Enrolling in School.
- Check your contact information: Ensure your email address and phone number is up to date with us. You can check this information by checking your Compass profile or contacting us directly.
We need to ensure your contact information is up to date as the Department of Education will email you twice:
- in October, to verify your email address
- in November, with your $400 School Saving Bonus.
Please check your junk mail regularly to make sure you do not miss an important email.
To learn more about the School Saving Bonus, download the School Saving Bonus Information sheet for government school parents and carers or visit vic.gov.au/school-saving-bonus.
Kind regards,
Christian Holdsworth
CSEF
Please see the attached financial information regarding those families who have a Centrelink or Health Care Card. If you do, please fill out this application form and return it to the office with a copy of your card. Parents who have been receiving CSEF will also need to fill out a new form for 2024 and return to the office. Please see the information sheet for eligibility criteria.
Saver PlusUS
Join Australia's longest running financial education and matched savings program. Build financial skills, develop life-long savings habits, and receive up to $500 to assist with education costs.
Contact us on 1300 610 355 or saverplus@thesmithfamily.com.au
Click: ENQUIRE NOW
WHAT IS SAVER PLUS
Free 10 month saving program
Learn to save regularly to develop lasting savings habits
Savings matched up to $500
Receive up to $500 for education costs for you or your children
Build money management skills
Savings tips, Budgeting skills, Goal setting, Needs vs wants, Banking, Superannuation, Debt and Credit cards
Offered Australia wide
Through community organisations across Australia in every state and territory
TO BE ELIGIBLE FOR SAVER PLUS
You must have all of the following:
- A Health Care Card or Pensioner Concession Card AND an eligible Centrelink payment*
- Have a child in school (can be starting school next year) OR be studying yourself
- Have regular income from work (either yourself or your partner)*
- Be 18+ years old
* Many types of income and Centrelink payments are eligible, see the Saver Plus terms and conditions for more information.
HOW IT WORKS
