Victorian families can receive $400 to help cover expenses related to their children's education.

Attention all Victorian parents! Good news – starting this week, you'll have access to a $400 cost-of-living payment that aims to help with expenses for your child's education. This includes textbooks, uniforms, camps, excursions, and any other school activities that may come up. Premier Jacinta Allan recently announced this exciting development, which will benefit over 700,000 students attending government schools, as well as eligible concession card holders at other schools. The school saver bonus was first introduced in the 2024/25 Victorian State Budget earlier this year and is now ready to be put into action.

So, how does it work, you ask? Well, if your child attends a government school, you won't even need to apply for the bonus – it will automatically be given to you for free. Families should expect to receive an email this week with instructions on how to access their $400 per child. And the best part is, you get to decide how you want to use the funds. You can choose to receive a uniform and textbook voucher, or you can add the money to your school account for things like camps, excursions, or any other extracurricular activities. These vouchers can be redeemed either in person or online through school-approved suppliers.

And here's something to keep in mind – this payment applies to each family, not just per child. So, if you have three children attending school, you'll receive a total of $1200 in support to help cover their school costs. And don't worry about any unused vouchers – they will automatically be transferred to your family's school account for future use.

Premier Allan is excited about the impact this payment will have on families and their children. She understands that parents want the best for their kids, including a good education, the right textbooks, a fresh uniform, and memorable camps and excursions. The School Saving Bonus aims to make things a little easier for families and take some of the financial burden off their shoulders. As Premier Allan puts it, "It's why our School Saving Bonus is helping give kids a great start to the school year – and their parents one less thing to worry about."

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