School Finances
See Also: Fees
Understanding the complexities of the funding of a Catholic school is often confusing. In particular, the relationship between Government Grants, school fees and income from fundraising is better understood when explained more fully.
Basically, a Catholic school’s income is derived from three sources:
1. Government Grants (both Commonwealth & State):
These cover such areas as salaries, superannuation, Work Cover, interest on capital debts and Catholic Education Office levies.
2. Local Contribution:
This is made up of school fees, parish contributions, interest and donations, i.e., Parent Club fundraising. It is an expectation of Governments that, in order to qualify for Government funds, school communities must contribute financially to their parish school, and thus ensure that a satisfactory standard is maintained, both in the education of the pupils and also in the administration and maintenance of the school.
3. Classroom Income:
This is made up of –
Basically, a Catholic school’s income is derived from three sources:
1. Government Grants (both Commonwealth & State):
These cover such areas as salaries, superannuation, Work Cover, interest on capital debts and Catholic Education Office levies.
2. Local Contribution:
This is made up of school fees, parish contributions, interest and donations, i.e., Parent Club fundraising. It is an expectation of Governments that, in order to qualify for Government funds, school communities must contribute financially to their parish school, and thus ensure that a satisfactory standard is maintained, both in the education of the pupils and also in the administration and maintenance of the school.
3. Classroom Income:
This is made up of –
- Government Grants (both Commonwealth & State). These grants are used to provide materials used by the children in the classroom.
- Student Fee. These are charged at the beginning of each year.