NewsBite

RANKED: Logan’s richest schools revealed

Logan’s richest school has raked in more than $190.6 million in five years with the total income per student sitting at $14,213 in 2022, the most recent school funding statistics reveal. RICHEST, POOREST SCHOOLS REVEALED

Logan’s richest and poorest schools have been revealed. Picture: Getty Images
Logan’s richest and poorest schools have been revealed. Picture: Getty Images

Logan’s richest school has raked in more than $190.6 million in five years with the total income per student sitting at $14,213 in 2022, the most recent school funding statistics reveal.

An independent analysis of school financial records from the MySchool website have shown the massive amount of money some schools make every year, and how little some schools are forced to scrape by on.

The figures revealed Marsden State High School in Waterford West had a higher gross income than any other school in the Logan region.

The school made a gross income of $190.6 million, according to financial records from the combined past five years.

The school’s income increased by 75 per cent between 2018 and 2022.

The region’s second richest school was John Paul College, in Daisy Hill, which had a gross income of $183.7 million.

Marsden State High School is Logan’s richest school. Picture: Supplied
Marsden State High School is Logan’s richest school. Picture: Supplied

Its total gross income per student in 2022 was $23,173.

The school with the third highest gross income was Canterbury College, in Waterford, which made $151.1 million.

Its total gross income per student in 2022 was $21,422.

The figures include all fees, charges and parental contributions as well as State and Federal Government funding and any other private sources over the five years from 2018 to 2022.

It does not include any deductions for capital works or debt servicing.

The analysis does not include special schools or schools that did not have complete financial data in MySchool for one or more of the five years.

Australian Technology and Agricultural College at North Maclean had the lowest gross income of any school in the Logan region.

Logan’s richest and poorest schools have been revealed.
Logan’s richest and poorest schools have been revealed.

It made just $1.9 million over the five year period.

Its total gross income fell by 50 per cent from 2018 to 2022 while the total gross income per student in 2022 was $34,427.

Hillview State School at Hillview had the second lowest gross income of any school in the Logan region.

It made just $3.4 million over the five year period.

Its total gross income increased by five per cent from 2018 to 2022 while the total gross income per student in 2022 was $41,947.

Darlington State School at Darlington had the third lowest gross income of any school in the Logan region.

It made just $3.7 million over the five year period.

Its total gross income fell by six per cent from 2018 to 2022 while the total gross income per student in 2022 was $27,939.

RICHEST SCHOOLS IN LOGAN

Marsden State High School: $190.6 million

John Paul College: $183.7 million

Canterbury College: $151.1 million

Beenleigh State High School: $140.3 million

Groves Christian College: $126.8 million

Woodridge State High School: $122.1 million

Emmaus College: $114.4 million

Park Ridge State High School: $109.5 million

Mabel Park State High School: $104.4 million

Beaudesert State High School: $101.1 million

POOREST SCHOOLS IN LOGAN

Australian Technology and Agricultural College: $1.9 million

Hillview State School: $3.4 million

Darlington State School: $3.7 million

Rathdowney State School: $4.6 million

Veresdale Scrub State School: $9.2 million

Tamrookum State School: $9.3 million

Ohana College: $12.8 million

Woodhill State School: $14.9 million

Gleneagle State School: $15.7 million

Woongoolba State School: $16.6 million

Originally published as RANKED: Logan’s richest schools revealed

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

Original URL: https://www.goldcoastbulletin.com.au/news/gold-coast/logan/ranked-logans-richest-schools-revealed/news-story/56bc49df73fb08e87726b99e35d98534