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B. Old per student amount for 2013 less than the new per student amount for 2014

During the transition period, if the old per student amount is less than the new per student amount for the funding year ( schooling resource standard in 2014 for the school), the Minister may determine the amount of financial assistance payable for the approved authority.

The amount determined by the Minister must be equal to, or more than, the school’s old Commonwealth per student amount multiplied by the number of students at the school, plus 4.7 % indexation. (Sections 59 to 60 of the Act)