School Saving Bonus 

Online access to the School Saving Bonus will expire on 30 June 2025. 

Any balance remaining at this time will automatically transfer to family accounts at the school for families to use toward school activities. Families and schools do not need to action this transfer.

Funds will rollover for use in future years if not all spent in 2025.

Families who have more than one child at the same school can combine their School Saving Bonus to use on one child or for a specific activity (for example, a camp). 

The School Saving Bonus cannot be combined across different schools and cannot be transferred between government and non-government schools.

Unused money from the School Saving Bonus will follow students transferring between government schools. Where a student leaves the government school system any unused money can be transferred to a sibling at the same school. If there is no sibling, the funds can be retained by the school to support other students with educational costs.

The Department of Education has sent emails to Parent A containing the unique student codes and a link to the School Saving Bonus (SSB) online system.

If you still have not received your SSB code, or have any questions regarding allocation of funds, please contact the Department of Education directly by emailing school.saving.bonus@education.vic.gov.au or call 1800 338 663.

Please reach out to the Department directly for further assistance.