šĀ |Ā Benchmark… Improve… Thrive… Put your finances to the healthĀ testĀ
How do you measure up? Is your school financially healthy or falling behind?
The FSS gives instant data-backed insights to quickly evaluate your schoolās financial health, spot strengths and identify improvements. Our passion is to provide financial confidence and reduce financial worries. We see every day how the FSS does this for hundreds of schools. So get your report now.
At the time of writing, thank you to the 180 schools that have already completed theĀ Financial Survey for Schools, and to the additional 180 that have begun the journey.Ā As we move towards 500+ participating schools, the power of benchmarking and the richness of the data will only grow.
šš»Ā If you have completed the 2024 data, log in to yourĀ Somerset PortalĀ now to get your reports to see where your school stands, what you are doing well and where the gaps are.
If its still on your to-do list, we encourage you to finish the survey as soon as possible to inform strategy and 2026 budget discussions.
Take advantage of Early Bird pricing and loyalty discountsĀ Ā
Submit your 2025 data (based on your 2024 school year)Ā 31 August 2025Ā to unlock savings:
- Participation starts from just $910 ex GST (includes a $120 early bird discount)
- The Financial Report Package (recommended) is $1,980 ex GST (includes up to $1,180 in discounts).
- 50% off for schools with fewer than 250 enrolments.
ā¼ļøNew | Free data upload service
To save you time, Australian schools can now email their completed Financial Questionnaire directly to Somerset Education for upload. Hereās how:
- Download your Financial Questionnaire data from SchoolsHub (Excel format)
- Email the file to:Ā dataupload@somerseteducation.net.
We will upload your data ready for you to add the finishing touches.
šĀ | Be a data champion at the click of the mouse
Once 2024 school-year data is completed,Ā regular participants can,Ā at the click of the mouse, generate a Historical Trend Analysis of key ratios for their school to reinforce positive and highlight concerning financial health trends. Research and practice indicates responding to trends in a timely manner is crucial for financial sustainability.šš»Ā Then,Ā at the click of the mouse,Ā select a sample of similar schools and benchmark performance to diagnose strengths and areas for improvement, and develop strategies to improve your schoolās financial health.
šš»Ā ThenĀ at the click of the mouse,Ā transfer 2023 and 2024 data into theĀ SKI Report, upload budget data and analyse financial health to 2029 to highlight problems on the horizon.
šš»Ā Then,Ā at the click of the mouseĀ change key variables to test strategies, instantly re-forecast budgets to 2029 and re-analyse financial health.
Itās that simple!
QĀ | Any questions?
For more information about theĀ FSSĀ or our budgeting and reporting tools, please do not hesitate to contact Cathy or Jessica atĀ survey@somerseteducation.netĀ or call 1300 781 968Ā (from outside AustraliaĀ +61 7 3263 5300).
If I can help in any way with the financial governance of your school, please contact me atĀ john@somerseteducation.net or mobile 0417 618 899.
We look forward to your ongoing support, or if new to the survey,Ā we warmly welcome you joining in.