Mornington Peninsula families will be able to spend the School Saving Bonus on more items when the Victorian Government’s once-off $400 bonus becomes available later this year to all students at government schools and eligible non-government school students.
Member for Eastern Victoria Tom McIntosh and Hastings MP Paul Mercurio today welcomed the Victorian Government’s announcement that the School Saving Bonus – which had sought to cover the costs of uniforms, camps, excursions, and other extracurricular activities through the year – can also be spent on textbooks.
Schools and families can now get more information about how the $400 School Saving Bonus can be accessed later this year, so families have time to plan and budget for the 2025 school year.
The once-off bonus will be available in November this year. It'll be applied automatically for each child, so a family with three school children will receive $1,200 in support to spend on school costs.
The Mornington electorate has 6,324 students in 13 schools who will all automatically receive the $400 School Saving Bonus. The 5959 students in Nepean’s 12 government schools will also immediately receive the bonuses without having to apply.
In Hastings, 7506 students from 20 government schools will all be granted the bonus.
The Government has worked to make the process of getting and spending the $400 School Saving Bonus as easy and as flexible as possible for busy families and schools.
In Term 4, families will receive a code granting them access to the bonus. They will then be able to choose how much of the funds they want allocated to a uniform and textbook voucher, and how much they want to use on school activities – like camps, sports, excursions, graduations, and other eligible programs.
The voucher for uniforms and books will be redeemable at a school-approved uniform or textbook supplier, while funds that families allocate to school activities will be managed through the school.
The voucher can be combined if families have children at different schools but use the same supplier for uniforms and textbooks. Families can also use the voucher to buy second-hand uniforms and textbooks directly from schools.
For families of students at a non–government school, the $400 will be provided directly to each school – to be managed in consultation with the student's family and in line with the program's intent.
Non-government school families who are eligible for the means-tested Camps, Sports and Excursions Fund (including healthcare and concession card holders) are eligible for the School Saving Bonus. Their application process will be the same as that for the Camps, Sports and Excursions Fund.
The School Saving Bonus was announced as part of a $287 million package in the Victorian Budget 2024/25, and it will help up to 700,000 students – including around 44,000 non-government students.
The Government is also tripling the Glasses for Kids program, and providing free, nutritious breakfasts at every government school.
For more information on the $400 School Saving Bonus, visit vic.gov.au/school-saving-bonus
Quotes attributable to Premier Jacinta Allan
“We know how tough it is for a lot of families right now.”
“We’re giving busy families one less thing to worry about with $400 for school costs like uniforms, excursions and textbooks.”
Quotes attributable to Member for Eastern Victoria Tom McIntosh
“This further supports the free, high quality and universally accessible education in Victoria”
“Initiatives like our School Saving Bonus, and our Glasses for Kids program, will ease the pressure on household budgets for thousands of Peninsula families.”
Quotes attributable to Hastings MP Paul Mercurio
“The $400 School Saving Bonus is a wonderful and flexible opportunity for parents to be able to support their child or children for activities incurred in the school year. It can go towards textbooks, sporting apparel, school camps, uniforms, excursions and many other items vital to school life.”
“It is one of many things the Allan Labor government is doing to help families deal with the current cost of living pressures and supporting our local schools.”
