Families Turn to Community Groups for Rising Schools Costs

Published: Comments:
Charity & Not For Profit Children Education & Schools Familes Lifestyle Money & Finance Teenagers & Young Adults


Queensland families are turning to community organisations for no interest loans to help cover rising costs of back to school expenses, according to Good Shepherd Microfinance Chief Operating Officer Lisa Carroll.

New figures released this week revealed the average cost of a public education for a child to Year 12 in Queensland had reached more than $50,000[i].

Statistics also showed the average Australian household spent $44 a week on education - a 44 per cent increase compared with five years ago and an 81 per cent jump over the past 15 years[ii].

Ms Carroll said many families were turning to No Interest Loan Scheme (NILS) loans to help cover the costs of books, uniforms and other back to school expenses.

“Parents are having to pay out hundreds or thousands of dollars before their child even begins the school year, making it difficult for many people on low incomes to meet basic household needs,” Ms Carroll said.

“Many children are now required to use their own personal devices in the classroom, putting parents under even more financial pressure to provide laptops and tablets at their own expense.

“Nobody wants their child to be disadvantaged or taught separately from their peers because they don’t have the right equipment.”

Ms Carroll said Good Shepherd Microfinance had a network of NILS providers across the state that offered no-interest loans of up to $1,500 for essential goods and services, such as educational costs.

“These can be used to cover items such as computers, tablets, textbooks and even fees,” she said.

“To many, the cost of attending school is becoming unmanageable. There are options out there but many people on low incomes are often unaware of what is available to them.

“Families unable to afford to save for education costs find NILS a huge help and a safe and affordable way to cover some of their expenses.”

Ms Carroll said Good Shepherd Microfinance also provided StepUP low interest loans and Essentials by AAI affordable home and contents insurance.

Good Shepherd Microfinance offers the NILS program through 664 locations across Australia through a local community provider network.

More information at nils.com.au  or phone 13 6457.

Privately Submitted Article or Event :
See Above Article or Event for Address, Sunshine Coast Wide
Privately Submitted Article or Event
Showing 10+ recent articles for this business
Children who witness domestic abuse six times more likely to commit suicide 02 February 2018 | Children who witness physical, emotional or verbal domestic violence growing up are twice as likely to abuse drugs and six times more likely to die by suicide, statistics show. More information...
10,000 steps a day keeps the blues away 01 February 2018 | New research published in BMC Psychiatry reveals that walking 10,000 steps a day, over the course of 100 days, can have a positive impact on mental wellbeing, weight loss, blood pressure and cardiovascular heal... More information...
Major reform agenda for Australia's .au domain launched for discussion 29 January 2018 | The most significant changes to the .au domain for thirty years are on the horizon, with a range of key changes officially proposed today, including the option to register addresses like 'yourname.au' without the... More information...
Families Turn to Community Groups for Rising Schools Costs 18 January 2018 | Queensland families are turning to community organisations for no interest loans to help cover rising costs of back to school expenses, according to Good Shepherd Microfinance Chief Operating Officer Lisa Carro... More information...
Xcela Wealth Scholarship 17 January 2018 | The Xcela Wealth Scholarship was designed with future leaders (students) in mind. We all know how hard it can be to make sure you’re financially stable in life and to give yourself the best chance possible to... More information...
Positive outlook for Higher Education graduates 12 January 2018 | A new report published today shows that employment and salary outcomes for Higher Education graduates across Australia have improved over the last 12 months. More information...
Employers give 'thumbs up' to new graduates 08 January 2018 | The federal government has released a new report showing that employers are highly satisfied with graduates from Australia's higher education system. More information...
There’s a new scheme coming for paramedicine in 2018. Have your say on the standards paramedics must meet 21 December 2017 | Public consultation opened today on the registration standards that paramedics must meet once paramedicine joins the National Registration and Accreditation Scheme (National Scheme) in late 2018. More information...
First home buyers flood to ‘Amity’ 12 December 2017 | Award-winning developer Pointcorp, and their joint venture partner, global developer Dahua Group’s ‘Amity’, Narangba development is a first home buyer’s paradise, with a unique no deposit home loan being... More information...
Gloria Jean's Challenges You to Prove Just How Christmassy You Are 07 December 2017 | This year, Santa's naughty and nice list is being thrown out the chimney, and instead, it's those who demonstrate the most enduring Christmas spirit that will be rewarded. More information...

comments powered by Disqus

All articles submitted by third parties or written by My Sunshine Coast come under our Disclaimer / Terms of Service