As part of Anti-Poverty week Bank Australia has recommitted to supporting disadvantaged students through a new partnership with State Schools’ Relief.
The Bank Australia Impact Fund is proud to invest $120,000 over three years to State Schools’ Relief to support their School Calculator Program.
State Schools’ Relief has identified that possessing a scientific calculator is beyond the reach of many low income families. This investment from Bank Australia seeks to reduce the barriers for disadvantaged students in participating in and developing skills in Science, Technology, Engineering and Maths (STEM).
“Disadvantaged students face narrower curriculum choices. Senior maths and science students now require $200+ calculators. This is a real barrier for many parents. Disadvantaged children may miss out on a science or technology career as a result,” says the Chief Executive of State Schools’ Relief, Stephen Iles.
According to Senior Corporate Affairs Consultant Nikki Jordan, this investment represents a fantastic new opportunity to continue supporting State School Relief and disadvantaged students in Victoria.
“Bank Australia has been long terms supporters of State Schools’ Relief. With this new commitment we have been able to link our history in education, science and engineering in a way that creates opportunities for students who are experiencing disadvantage. We believe that assisting to improve educational prospects is a way to ensure individuals are able to reach their potential,” Jordan said.
Previously trading as bankmecu, Bank Australia is over 50 years old and is a customer owned responsible bank that retains all its profits and jobs in the country. Investments from the Bank Australia Impact Fund are made on behalf of our customers to contribute to the mutual prosperity of people, our communities and the planet
“Each year Bank Australia invests up to 4 per cent of after tax profits towards initiatives that create measurable environmental, social and economic outcomes in ways that are consistent with the values and expectations of our customers. We are very pleased to be able to continue our support of State Schools’ Relief through this new program” Jordan said.
State Schools’ Relief has provided school uniform and footwear to students of families experiencing financial difficulties in Victorian State Schools since 1930. It assists students to focus on their studies and realise their maximum potential. Each year State Schools’ Relief assists more than 12,000 children.