Season's Greetings from Somerset Education

We sincerely thank you for your continued support of the Financial Survey for Schools (FSS) and the work we do.

Highlights for 2024 include:

⭐️ 2024 Financial Survey for Schools (FSS)

Reconvened survey committee (ASBA, CEBA, AIS)
500 schools participated to date
80 schools underway — Reminder 2024 survey (2023 school-year data) closes in April 2025
Participants represent $13.3 billion in turnover, 462,000 enrolments (60% of Australian Independent school enrolments)
Approximately 2,000 reports generated
40 + presentations to individual schools and groups
Consistent 10 out of 10 customer satisfaction — thank you.

“John Somerset has been an important partner with our school…. His work has been critical in enabling us to plan and grow. John understands the independent sector and provides deep insight to the key factors to support sustainable schools. His regular reports provide our Finance Committee with data to monitor and support careful stewardship, allowing us to monitor and benchmark our practice. …I strongly recommend his range of services.”
David Smith, Principal, Calrossy Anglican School, October 2024

⭐️ Enhancements this year

Improved IT survey
New ratios re Students with disability and fee collection
SKI Scenario Report proving to be a brilliant forecasting tool
ELC survey — 101 participants in year 1 — thank you for your support
Saving valuable time — FSS data upload using FQ and SKI Report data upload
Inaugural participation from International schools in Asia Pacific.

⭐️ Welcome to the Somerset Education team

Mike Zammit, School Advisor — experienced school Business Manager, based in Victoria
Cheryl Taylor, Accountant.

The Somerset Team and associates celebrating a successful 2024 at our year-end celebrations at Tattersall’s Club, Brisbane.

FSS | Participate now
If you haven’t yet participated in the FSS, it is not too late, you can do so until April 2025. Your participation in this comprehensive database benefits your school and all schools by informing financial decisions and driving industry sustainability.

Q | Any questions?

For more information about the FSS or our budgeting and reporting tools, please do not hesitate to contact Cathy or Jessica at survey@somerseteducation.net or call 1300 781 968 (from outside Australia +61 7 3263 5300).

If I can help in any way with the financial governance of your school, please contact me at john@somerseteducation.net or mobile 0417 618 899.

We look forward to your ongoing support, or if new to the survey, we warmly welcome you joining in.