The School Saving Bonus was a one-off payment of $400 to every Victorian school aged child for the 2025 school year.
Online access to the School Saving Bonus expired on 30 June 2025.
Any balance remaining in your account at that time will automatically transfer to your family account to be used towards school activities (events and excursions).
Families who have more than one child at the same school can combine their School Saving Bonus to use on one child or a specific activity. The School Saving Bonus cannot be combined across different schools or be transferred between government and non-government schools.
Any unused funds in 2025 will rollover and be available for your child in 2026.