School Saving Bonus 2025

The following is information as provided by the Victorian Government as at 28/10/2024 and is subject to change.  All details are on the education.vic.gov.au website – click below.

Summary

• The School Saving Bonus is a one-off $400 support for non-government school students who are enrolled in Prep to Year 12 in 2025 as at 18 October 2024 and who are receiving the Camps, Sports and Excursions Fund (CSEF) in 2024.
• The School Saving Bonus is provided to help with the costs of uniforms, textbooks and school activities (including camps, excursions and incursions).
• The School Saving Bonus will be provided to schools and families in late Term 4, 2024. Payment date has yet to be confirmed.

School Saving Bonus eligibility

Non-government school students receiving a payment from the means-tested Camps, Sports and Excursions Fund (CSEF) in 2024 are eligible for additional support through the School Saving Bonus. There is no application required for non-government school students to receive the bonus.

Non-government schools will receive funding based on the number of families eligible for the CSEF in November 2024, and are responsible for managing the distribution of funds to eligible students to assist with 2025 education costs.

Refer to Camps, Sports and Excursions Fund for further information on eligibility criteria and the application process for access to the CSEF.

School Saving Bonus expenditure

Payments for eligible non-government students will be made directly to the student’s school. Non-government schools are required to administer the School Saving Bonus in consultation with the student’s family and in accordance with the intent of the initiative. The allocation of the School Saving Bonus should be visible to families through a family statement or equivalent.

Further information will be provided by the Victorian Government in the weeks to come.