Struggling families across Central Victoria are now able to access financial relief thanks to the federally funded Saver Plus program.
Federal Member for Bendigo, Lisa Chesters is encouraging families to apply to the program designed to help with back to school costs.
“Many local families have been significantly impacted by the pandemic and this financial relief could go a long way,” Chesters said.
“Back to school costs add up. This program was designed to help families who need it the most.”
Saver Plus is funded by the Australian Government alongside ANZ and is delivered locally by Brotherhood of St Laurence.
More than 600 families across Bendigo have joined Saver Plus since it began and the financial education program works to strengthen participants’ financial skills, knowledge and confidence.
Upon successfully making regular deposits over a 10-month period and completing 4 financial education workshops, participants are awarded up to $500 in matched savings from ANZ.
Parents must use the $500 bonus towards items for their children’s education, such as laptops, uniforms, shoes, backpacks, and stationery.
Single mother-of-three Joanne says that before participating in Saver Plus she struggled to find the money needed to pay for her children’s school expenses.
“It has helped me so much, I saved for my sons iPad for school. I found it most helpful as I am a single income.”
Saver Plus Coordinator Alana Meade says the program is a great way to help families get on top of back to school costs.
“Parents want their kids to start the new school year on the right step, and budgeting for school costs right after the holiday season can be tough.”
To be eligible, participants must have a Centrelink Healthcare or Pensioner Concession Card, eligible income, and a child in school.
Enquiries can be made via online at www.saverplus.org.au or calling 1300 610 355.