Non-government schools and early learning centres (co-located on a school site) can apply for low interest loans to build or upgrade facilities with the next round of the School Loans Scheme now open.
The loans will improve educational outcomes for students by enabling schools to replace aging buildings, refurbish existing facilities and allow for the creation of specialist learning spaces.
The State Government is extending the low interest loans scheme by making available $189 million over the next three years to non-government schools to build new schools and upgrade their existing school facilities, including early learning centres co-located on a school site.
Amounts of between $500,000 and $10 million per school are available for loans of up to 15 years duration.
Priority will be given to infrastructure projects that support:
- increased enrolment capacity in geographic areas where there is demand for additional education provision
- student retention
- the refurbishment of existing facilities to provide a contemporary learning experience.
For more information about the third round or to apply visit the School Loans Page .