Investing in Our Schools Programme (IOSP) for Government Schools
The Investing in Our Schools Programme was an initiative of the previous government which was intended to run for the 2005-2008 schools funding quadrennium.
The former government decided that 2007 would be the final round of Investing in Our Schools Programme funding, and there are no further funding rounds for government schools.
Initially, $700 million was provided to state government schools and $300 million to non-government schools over the life of the Program. The funding available to schools was increased by $181 million early in 2007 ($827 million for government schools and $354 million for non-government schools) totalling $1.181 billion. These additional funds were targeted at schools that had received little or no funding.
After the final round of applications for government schools 6,867 schools had projects approved for funding.