iNewsletter

School Savings Bonus

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Reallocations of SSB Credits towards school activities

A reminder to families on the process of how our school is managing the usage of the School Savings Bonus towards school Activities.

 

The School Savings Bonus can be used towards Activities including; 

  • Camps, excursions & incursions
  • Swimming and sporting programs
  • Yr 6 graduation

It cannot be used towards school fees for Curriculum Contributions, Student Fruit or School First Aid / Nurse programs.

 

To begin the process, you will need to log into the SSB portal and re-allocate the funds to ‘Activities’, which will then send the funds to the school.

School Saving Bonus online system.

A parents & carers user guide on how to do this is available here: SSB guide for parents and carers

 

We will receive a notification from the SSB Portal that your child now has funds in credit, that can be allocated to existing or future events (please allow approx. 2-3days).

Our office will make a manual adjustment within the Compass Portal on any existing events.  We will also automatically apply credits to future events in the same way we would with CSEF/family credits.

Please make note of the Additional event details for each event.  This will clarify the full amount owing for the event before credits have been applied.

It also clarifies that “By consenting to the event, you confirm allocation of your family credit towards this event.”

*IMPORTANT NOTE* 

This is important to note as we are unable to undo this step if you consent ‘in error’.  Any requests for a reversal will need to comply with our Refund Policy and may not guarantee you a credit reversal.

 

Next Steps

If you do not want your child to participate (ie. decline) the event, the funds will revert back into a credit on your family statement and will be allocated to the next future event (*as long as consent/approval has not been complete).

 

If you prefer to pay for the event instead of using your SSB funds, please contact hollie.brown@education.vic.gov.au and I will make the adjustment in the relevant Compass event to allow you to pay.

 

Compass Wallet

Please note the funds will not be visible in your Compass Wallet.  Compass is an independent system from our school finance system, and at this stage there are no plans for them to incorporate the SSB credits into their system.