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Flagship Strategy 2 -

Developing a New Resource Allocation Model

> Putting students at the centre of education funding.

The new student resource package provides better outcomes for all students by focusing on student outcomes and school improvement when targeting resources to schools.

Objectives of the new Student Resource Package include:

  • shifting the focus to student outcomes and school improvement by moving from providing inputs to providing resources needed to improve outcomes;
  • improving the targeting of resources to achieve better outcomes for all students by aligning resourcing to individual student learning needs;
  • ensuring the fairness of treatment of schools, with schools with the same mix of student learning needs receiving the same levels of funding;
  • improving the transparency of student resource allocations by reducing complexity;
  • providing greater certainty for schools about their ongoing level of resourcing allowing for more effective forward planning;
  • providing flexibility to meet increasingly diverse student and community needs and encourage local solutions through innovation; and
  • developing a dynamic model that allows ongoing review and refinement based on evidence.
Access the Student Resource Package website (https://www.eduweb.vic.gov.au/srp/)
Access Professor Richard Teese's presentation (PPT - 3.08Mb)
outlining the research underpinning the new funding model.