Another relief: 150 euros per child will also be available in 2024 Finanz.at

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Many families are seriously affected by rapid price increases due to inflation. Families with low household incomes, in particular, suffer enormously. You will receive additional support of 150 euros per child in the second academic semester.

This will be concrete Campaign “Ready to start school!” This academic year (2023/24) will be paid double. In addition to the €150 vouchers already issued in the autumn, those eligible will also receive another €150 before the summer semester. This time, however, vouchers can also be exchanged for clothes or food (not just school supplies).

The value was increased from 120 to 150 euros. This is what happens if you pay twice a total of 300 extra euros per child and school year. This measure was implemented as part of the last anti-inflation package. Low-income families can collect vouchers at an appropriate distribution point. Benefit holders will be informed of this by the Ministry of Social Affairs.

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“Accurate and effective support”

According to the ministry, around 95 percent of the vouchers should have been collected in the fall. This clearly shows how high the need for support is due to current price increases. “With the additional vouchers, we guarantee precise and effective support even before the summer semester”, explains Social Minister Johannes Rauch (Greens) in a press release.

In total, around 48 thousand children, young people and apprentices from families receiving social assistance or minimum income were entitled to this campaign last year. More information can be found online here.

Class start fees will also be increased

Before the start of the new 2024/25 academic year, this will eventually happen increase in school starting rate paid out. All families automatically receive family benefit for each child between the ages of six and 15 in September. This year the class start fee will be increased due to the appreciation 116.10 euros per child increase.

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More information: School start rate

Daniel Herndler

Editor-in-Chief, Head of the Tax and Finance Department

Daniel Herndler is a business journalist, editor and editor-in-chief of the news portal Finanz.at. His focus is on taxes, finance and economics.