School Saving Bonus

Students completing Year 12 or leaving the government school system

For students completing Year 12 or otherwise leaving the government school system:

• schools may allocate unspent funds to the student's siblings attending the same school once the student leaves school
• any remaining School Saving Bonus that is not used by siblings will stay with the school. Schools can allocate funds to assist other students at the school within the scope of the School Saving Bonus (that is, school-incurred costs for camps, sports and excursions). This may include students that did not receive the School Saving Bonus (for example, students enrolling from interstate after the eligibility deadline).