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Funding of €15m to provide school book rental schemes for 400 schools

The Minister for Education said the new funding will benefit all primary schools who currently operate a school book rental scheme.

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APPROXIMATELY 400 PRIMARY schools are to be offered funding from the school book rental scheme capital fund.

The Minister for Education and Skills, Ruairí Quinn has announced that all primary schools who currently operate a school book rental scheme will be able to benefit from the €15 million School Book Rental Scheme Fund which he secured as part of Budget 2014.

Last October, the Minister announced that the €15 million fund would be targeted specifically at primary schools who did not currently operate a book rental scheme.

Presently around 80 per cent of the country’s 3,200 primary schools have some form of a book rental scheme with State funding amounting to around €11 per child.

Schools

Previously, 531 schools indicated that they did not have book loan schemes were invited to apply for the funding. Of these, three quarters of these schools have now applied.

DEIS schools will receive €150 per child and non-DEIS schools will receive €100 per child in seed capital funding over the next two years to establish book rental schemes.

This will cost approximately €6.7 million and is expected to benefit more than 63,000 pupils and their families.

Minister Quinn has now decided that the balance of the fund, some €8.3 million, will be divided among all other primary schools that currently operate book rental schemes, in 2015 and 2016.

These schools are expected to receive a total of €18 per pupil or €20 in DEIS schools over those two years.

This is on top of the annual book grant of €15 million which is paid to all schools on a per pupil basis.

Minister Quinn said that “every primary school in the country has now the opportunity to benefit from the School Book Rental Scheme funding we secured through the proceeds of the sale of the National Lottery”.

He said:

Every primary school has now been given the opportunity to benefit from the funding I secured for book rental schemes.I believe that all parents should have access to a school book rental scheme enabling them to significantly reduce the costs of sending a child to school.

Funds of €5 million in seed capital funds for the book rental schemes will be distributed later this month in order to give the schools time to do so for the next school year, while the balance of the funding, €1.7 million, will be distributed to qualifying schools in 2015.

The minister said that provisions are also being made for new primary schools due to open in September to receive this funding.  All other primary schools that currently operate book rental schemes will receive their share of the funding in 2015 and 2016.

Read: Quinn admits schools who operate book rental schemes won’t benefit from new funding

Read: The 11 key types of graffiti in your old schoolbooks>

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