School Saving Bonus

What is the School Saving Bonus? 

College Principal Scott Diamond, Business Manager Lisa Gray and Office Manager - Peacock Campus Keirah Dean explain the School Saving Bonus, and what you need to do to make sure that you receive the $400 for your child. 

If you have any questions, contact your College Campus.

Go to the Northern Bay p-12 College Webpage for contact information!

Scott Diamond

College Principal

Government Information

About the School Saving Bonus

The Victorian Government is making life that little bite easier for families by providing a one-off $400 School Saving Bonus.

The support will help cover the cost of uniforms, textbooks, and school activities like camps, excursions and sports. 

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

The School Saving Bonus will be provided to schools and families in Term 4, 2024. 

Who receives the School Saving Bonus

The School Saving Bonus is available for parents and carers of all Victorian government schools students from Prep to Year 12 in 2025, except for full-fee international students, home schooled students, TAFE students and students attending Kindergarten in 2025. 

Actions for parents and carers

Parents and carers of children who meet the School Saving Bonus eligibility above are required to do the following by Friday 18 October 2024:

• 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. For more information, read about Enrolling in School
• Check your contact information
  • Ensure your contact information is up to date with your schools. You can check this information by contacting your campus directly. 

Accessing the $400 School Saving Bonus

You do not need to apply for the School Saving Bonus!

The Department of Education will EMAIL you in November 2024 with your $400 School Saving Bonus. You will be able to access it via an online system. 

You can decide how to best use the School Saving Bonus for your family's needs. You can choose how to allocate the $400 in the online system. 

The bonus can be used towards 2025 school costs which may include:

• camps, trips, excursions and incursions
• swimming and sporting programs
• outdoor education programs
• graduations
• school uniforms
• textbooks

The bonus can be used at your school's approved textbook or uniform supplies, either in-store or online, or through State Schools' Relief. The list of supplies may include a school uniform or bookshop. Any amount that you choose to allocate to textbooks and uniforms will be valid until June 30 2025. It will then transfer to your child's school account for future activities. 

Funds will roll over for use in future years if it is not all spent in 2025.

Families with more than one eligible child

Families who have more than one child at the same school can combine their Schools Saving Bonus payments to use on one child, or for a specific activity. So, for example, a family with 3 children who are all government school students would receive support to the value of $1,200 and choose how to spend those funds. The School Saving Bonus cannot be combined across different schools. 

More information

To learn more about the School Saving Bonus visit The School Saving Bonus webpage.