Saver Plus can assist students and families with education costs
Saver Plus is a free matched savings and financial education program that matches participants’ savings, dollar for dollar, up to $500, for education costs such as uniforms, books, excursions, sports fees and laptops. Already many families in our school community have benefitted from Saver Plus.
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Saver Plus was developed by Brotherhood of St Laurence and ANZ in 2003 and is delivered in Casey and Cardinia by the Brotherhood of St Laurence. It is funded by the Australian Government Department of Social Services and ANZ.
Participants set a savings goal for education costs, make regular deposits into a savings account over 10 months, and attend financial skills workshops. At the end of the program their savings are matched by ANZ, dollar for dollar, up to $500, to be used for education costs such as uniforms, books, excursions, sports fees and laptops.
Is Saver Plus suitable to my family?
Parents are eligible to join Saver Plus if they meet all the following the criteria:
· over 18 years old;
· some regular income from work (themselves or their partner) including casual, part-time, full-time or seasonal employment; and
· have a Centrelink Health Care or Pensioner Concession card;
· be in receipt of an eligible Commonwealth social security benefit, allowance or payment
· a child enrolled at school (or enrolled to start school), or attend vocational education themselves.
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