Currently, schools receive most of their funding under the National Schools Specific Purpose Payment (SPP). This funding is complemented by a series of National Partnerships (NP) and Australian government education programs. [4] These plans are applicable until December 31, 2013. However, some PNs and other Australian government educational programs are continuing. These include two non-governmental school programs – capital funding and short-term emergency assistance – currently available under the National Schools SPP. [15] These are discussed in the articles «Higher Education,» «Abolish the Baby Bonus» and «Additional Savings on Family Allowances.» The budget makes a number of savings that are identified as costs for the NPSI reforms. [14] These include budget measures for higher education and family payments. [15] The budget documents do not state the amount of the Australian government`s contribution to the SRS per student amount and the increase in this amount during the transition to the full IPS funding model from year to year to 2019. NERA states that the Australian government will provide public education systems with their current financial contribution and their agreed share in the additional funding of the NIPS, which will be adjusted to the new indexation rates. [11] The National Plan for School Improvement (NPSI) has two goals that the Australian school system must achieve by 2025: to rank among the top five international countries for reading, mathematics and science; and to consider, according to international standards, a quality and quality school system. [1] The National Education Reform Agreement (NERA), which all state and territorial governments must sign by June 30, 2013, sets out the reforms and a new school funding model to achieve these goals. [2] If the NPSI is fully implemented, the NPSI will provide an additional $14.5 billion in public resources over six years for schools, of which 65.0% ($9.8 billion) will be allocated by the Australian government and the remainder by state and territory governments. [3] The new school funding model in budget 2013/2014 is at the heart of this article.

NPSI funding agreements are called national education reform (NER) in budget documents.