Purpose
State schools are expected to use funding to support students in achieving improved outcomes across all levels of schooling.
Duration of program
2015–2025
Eligibility
All state schools.
Expenditure guidelines
Schools are required to track usage of the 2023 Investing for Success funding through a dedicated cost centre within OneSchool. This cost centre is 2070—Great Results Guarantee/Investing for Success and all expenditure of Investing for Success funding must be charged against this cost centre.
Allocation of funds
Indicative Investing for Success school funding allocations are communicated to schools in Term 4 each year, with allocations finalised in Term 1 of the payment year. Further information on the allocations and how these are calculated is available to schools on OnePortal (search Investing for Success). Principals may choose to share this information with their school communities in a variety of ways.
Funding methodology
From 2023, the Investing for Success calculation method and processes have been simplified. Each school's funding will be calculated using the school's 2022 per-student funding amount multiplied by the Day 8 enrolment data from the relevant year.
The minimum amount of Investing for Success funding a school can receive is set at $5,633.
A planner is available to schools on OnePortal, which shows their 2022 per-student amount and allows them to estimate the I4S funding they can expect to receive.
Payment details
| Term 1 | February | 40% annual allocation |
| Term 2 | May | 10% annual allocation |
| Term 3 | July | 40% annual allocation |
| Term 4 | October | 10% annual allocation |
*Payments in Terms 1 and 2 are based on indicative funding allocations (based on projected enrolment figures). The Term 3 payment will reflect adjustments for differences between the project and Day 8 enrolment data. The Term 4 payment will be 10% of the final allocation.
Data requirements
| School enrolments | Day 8 Staffing Enrolment Collection | February 2023
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How to apply
Schools do not need to apply for this funding. Entitlements will be automatically calculated and paid.
Contact
Policy Enquiry
Teaching, Leadership, Rural & Remote
Telephone (07) 3513 5804
Payment Enquiry
Finance Branch
Telephone (07) 3034 5817