Almost 40 NSW private schools have been overpaid by more than $1 million a year each, and four were given more than twice as much government money as they were due.
The most over-funded schools were Loreto Kirribilli, St Aloysius College and St Augustine’s College, which all received an extra $4.5 million in 2020 – more than twice as much as the Schooling Resource Standard (SRS) determined they needed.
An analysis of public funding to independent schools in 2020, the most recent figures, also found another 43 schools – including some charging fees of more than $35,000 a year – were given between $250,000 and $1 million extra a year.
The analysis by education economist Adam Rorris, commissioned by the Teachers Federation, analysed public funding to 343 independent schools in 2020 and found 130 were overfunded by a total of $120 million.
Jordan Baker, March 25, 2022, SMH