Student Education Trusts Membership Student Education Trusts continues to be a popular Opportunity Product with families in Aurukun. Over the quarter, parents signed three children up to SETs, bringing our total number of trusts to 242. This roughly translates to forty-one per cent of Aurukun’s population who are under eighteen.* This breaks down to twenty-nine early childhood trusts (twenty-two per cent of the population aged four and under†), 145 primary school trusts (sixtyfive per cent of the primary school age population‡) and sixty-two secondary school trusts (twenty-six per cent of the secondary school population§).
held a SET fair in July during Family Week, during which donors purchased goods valued at $1,895.53 using funds from forty-one trusts to do so. SET fairs provide participants with an opportunity to make high quality purchases using their SET account with qualified advice on the suitability of resources.
Student Education Trusts — Primary School‡
78
Trust balance The current trust balance is a healthy $329,910.67
145
Trust expenditure Trusts were accessed 106 times to pay for educational goods and services, family books, uniforms and boarding school needs. This represents an increase of eighty-three per cent on the previous quarter, indicating awareness about how and when to use the trusts is on the rise. We Student Education Trusts
Potential SETs
Current SETs
July
August
September
Total
1
2
-
3
New trusts
Total
Total SET membership
Early childhood
29
Primary school
145
Secondary school
62
Further education
1
Non-active
4
Not categorised
1
Total SET funds balance (end of month)
242
Early childhood
$44,739.70
$45,131.17
$45,627.69
$45,627.69
Primary school
$158,079.15
$160,989.90
$164,550.24
$164,550.24
Secondary school
$104,075.13
$105,510.26
$106,879.66
$106,879.66
Finished school
$8,997.73
$8,997.73
$8,997.73
$8,997.73
Further education
$3,706.74
$3,706.74
$3,706.74
$3,706.74
$148.61
$148.61
$148.61
$445.83
-
1
-
1
16
27
57
100
1
4
-
5
Finished school
-
-
-
-
Further education
-
-
-
-
Non-active
-
-
-
-
Non-active Number of educational Early childhood purchases using Student Primary school Education Trusts Secondary school
* This is based on an estimate of 596 individuals aged eighteen or under, taken from the 2011 census. † Based on 134 children four and under, taken from the 2011 census. ‡ Based on 223 children aged five to eleven, taken from the 2011 census. § Based on 239 youth aged twelve to eighteen, taken from the 2011 census.
July to September 2012
15