content-left-bg.png
content-right-bg.png

Investing for success

WebPartZone1_1
PublishingPageContent

​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

TypeTimeProportion*
Term 1February40% annual allocation
Term 2May10% annual allocation
Term 3July40% annual allocation
Term 4October10% 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

DataSourceTime collected
School enrolmentsDay 8 Staffing Enrolment CollectionFebruary 2023

​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

WebPartZone1_2
WebPartZone2_1
WebPartZone2_2
WebPartZone2_3
WebPartZone3_1
WebPartZone3_2
WebPartZone3_3
WebPartZone3_4
WebPartZone4_1
WebPartZone5_1
WebPartZone5_2
WebPartZone6_1
WebPartZone6_2
WebPartZone7_1
WebPartZone7_2
WebPartZone8_1
WebPartZone8_2
WebPartZone9_1
Last updated 05 October 2022