$400 SCHOOL SAVING BONUS

Parent/Carer Information

In Term 4, 2024, families with a child enrolled in a government school from Prep to Year 12 in 2025 will receive a 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 uniform and textbooks.

The $400 School Saving Bonus is available for each child. That means a family with three school-aged children will receive a total of $1,200.

The School Saving Bonus is in addition to existing and continuing means-tested supports for Camps, Sports and Excursions Fund (CSEF).

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:

1. Complete enrolment

If your child, or children are changing government school for Term 1 2025, or starting Prep or Year 7 in 2025, please complete enrolment.

2. Check your contact information

Ensure your email address and phone number is up to date on Compass.

The Department of Education will email you twice:

• In October, to verify your email address
• In November, with your $400 School Saving Bonus

To learn more about the School Saving Bonus, visit vic.gov.au/school-saving-bonus OR download the attached letter from the Premier and Deputy Premier.