Prime Minister Malcolm Turnbull's declaration that $18.6 billion in this year's budget will "bring the school funding wars to an end" could come at a cost to the highest funded schools in the state, and the Catholic sector.
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But Armidale Catholic schools director Chris Smyth said it’s unlikely changes to the budget will affect the Armidale Diocese until after 2021.
According to the government's school funding estimator, Inverell's Holy Trinity School is slated for an increase of around $200,700 in 2018, and an $11,903,600 increase over the next decade.
Mr Tunbull dubbed the schools funding model "Gonski 2.0" last week.
Meanwhile, Mr Smyth said schools in the Diocese would keep to its current processes in setting school fees.
"We believe most of our school fees will remain unchanged,” Mr Smyth said this week.
“It’s unlikely the budget will affect this diocese because the needs-based formula is based upon socio-economic status. What they’re trying to do is transition all schools to funding on an equal basis based on their SES."
Inverell High School has been flagged to receive funding boost of $115,300 in 2018 and more than $7million over the next decade.
The funding equates to around $4000 per student next year, and up to $6,113 by 2027.
Macintyre High School is slated to receive $88,800 in 2018, according to the estimator, and more than $5million in the next 10 years.
Meanwhile, students higher education is facing a budget pinch, as the government moves to call in student loans sooner and bump study fees by 7.5 percent.