Every Victorian family with school-aged children has an exciting opportunity to claim a $400 School Saving Bonus aimed at easing educational costs in 2025.
This initiative is designed to support families facing financial challenges, ensuring that children have access to necessary school resources.
What is the $400 School Saving Bonus?
The $400 School Saving Bonus is a one-time payment provided by the Victorian government to assist families with school-related expenses.
This bonus is available for each eligible child enrolled in government schools from Prep through Year 12, as well as qualifying students at non-government institutions.
Who is Eligible?
To qualify for the bonus:
- Families must have children enrolled in government schools or eligible non-government schools.
- Students must be enrolled by October 18, 2024.
- Full-fee international students and home-schooled students are not eligible.
How to Claim Your Bonus
Claiming your $400 School Saving Bonus is straightforward and involves a few key steps:
- Enroll Your Child: Ensure that your child is enrolled in their respective school by the deadline of October 18, 2024.
- Check Contact Information: Confirm that your contact details (phone number and email) are accurate with your school. This ensures you receive important information regarding the bonus.
- Wait for Communication: In November 2024, parents will receive an email containing a link to access the bonus through an online system.
- Contact Your School if Necessary: If you do not receive the link by November 25, reach out to your school for assistance.
What Can You Use the Bonus For?
The $400 School Saving Bonus can be utilized for a variety of school-related expenses, including:
- School uniforms
- Textbooks
- Camps and excursions
- Sporting programs
- Outdoor education activities
- Graduation events
Families can allocate their bonus funds according to their needs, allowing flexibility in how they support their children’s education.
Pooling and Transferring Funds
Families with multiple children can pool their bonuses together or transfer unused funds between siblings at the same school.
However, it’s important to note that these funds cannot be combined across different schools or transferred between government and non-government institutions.
FAQs
When can I claim my $400 School Saving Bonus?
Claims can be made starting in November 2024 after enrolling your child by October 18, 2024.
Who is eligible for the bonus?
Families with children enrolled in government or eligible non-government schools are eligible.
What expenses can I use the bonus for?
The bonus can be used for uniforms, textbooks, camps, excursions, and other school-related costs.