ACT Government Provides Over $3 Million in Support to Canberra Families through Future of Education Equity Fund

ACT, Australia

The ACT Government has surpassed a significant milestone by providing more than $3 million in financial support to Canberra families in 2024 through the Future of Education Equity Fund. Since its launch in January, the Equity Fund has assisted over 5,000 students across the nation’s capital. In the 2024-25 ACT Budget, the government announced an additional $1 million boost to the Equity Fund for the 2024 school year.

The Future of Education Equity Fund aims to support ACT students from eligible families in accessing everyday essentials to enhance their education and wellbeing. This includes items such as book packs, uniforms, excursions, sports equipment, tuition, and music lessons. The fund primarily targets financially disadvantaged families with students enrolled in preschool through to Year 12 in any ACT school.

The financial support provided by the fund varies depending on the student’s level:

– $400 for preschool students

– $500 for primary school students

– $750 for high school and college students

Minister for Education and Youth Affairs Yvette Berry emphasized the significance of the Equity Fund in supporting Canberra students and their families facing financial hardships. The additional funding will enable more families to apply for assistance with various school expenses and enrichment activities.

Berry stated, “Importantly, this additional funding will help us further improve equity and access – principles central to the ACT Government’s Future of Education strategy.” With applications for the 2024 school year open until 29 November 2024, families are encouraged to visit www.education.act.gov.au/support-for-our-students/financial-and-resource-assistance-for-families to apply and find more information about the fund.

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