School Savings Bonus

The School Savings Bonus is a new initiative. For government school students, the $400 School Saving Bonus will be provided directly to the school.

Families will receive an email from the department with their $400 School Saving Bonus information and access to an online system. Families can choose how to use and allocate the $400 bonus – on school activities, to purchase uniforms or textbooks, or a mixture of all three.

If families choose to allocate funds to school activities, they will do so via the online system. Families will determine the amount to allocate, and the funds will then be available for the family to use at the school for activities.

The parent/carer can advise the school of their intention to use the School Saving Bonus when giving permission for their child to attend or participate in an activity.

You can read more about the School Saving Bonus on the Department of Education website School Saving Bonus | vic.gov.au (www.vic.gov.au), with key information now available in 14 different languages.