Supporting Local Families with the School Savings Bonus

Tuesday 29 April 2025

The Allan Labor Government’s $400 School Saving Bonus is providing cost of living relief to hundreds of thousands of families, who have so far saved more than $150 million on the costs of school essentials.

Member for Narre Warren South Gary Maas MP informed that the Bonus has helped local families save over $2.8 million on uniforms, textbooks, camps and excursions since it rolled out last November.

While many families have already drawn on their School Saving Bonus in part or in full, there are still funds to be used. Over 40 percent of the bonus allocation is still to be claimed by families in the Narre Warren South electorate.

The next few months are the last chance to use the $400 School Saving Bonus to purchase uniforms or textbooks, either through approved suppliers or at second-hand uniform and textbook shops run by schools.

Textbook and uniform vouchers will be valid until 30 June 2025 and any unspent funds will automatically transfer to a family’s school account once the uniform and textbook voucher period expires, with parents able to use the remaining funds on future school activities.

Across Victoria more than 700,000 transactions have been processed since the Bonus was launched, with families saving more than $60 million on uniforms, $58 million on camps and excursions, and $31.8 million on textbooks.

Visit www.vic.gov.au/school-saving-bonus for further details or get in touch with your school directly to find out how to access the bonus.

Quotes attributable to Member for Narre Warren South Gary Maas MP:

“The State Government recognises that families need support to ease cost of living pressures and it’s great to see so many local families benefitting from the $400 School Saving Bonus.”

“With kids back at school for Term 2, I know there are still many families yet to claim the School Saving Bonus and I strongly encourage them to take advantage of this support.”