Revealed: Tasmania’s richest and poorest schools according to MySchool data

The data is in and Tasmania’s richest and poorest schools have been revealed. Find out where your school sits including how much income per student. See the interactive >>

2 min read

June 25, 2024 - 5:00AM

The Friends' School in North Hobart topped the state for income between 2018 and 2022. Picture: Friends' School website

Tasmania

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The gap between Tasmania’s richest and poorest schools continues to widen with the wealthiest school raking in more than $164.3m in five years with the total income per student sitting at $29,166 in 2022, the most recent school funding statistics reveal.

Meanwhile the state’s poorest school had a gross income of $2.5m over the five-year period, but with far fewer students the income per student in 2022 was $41,335.

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 Friends' School in North Hobart. Picture: Friends' School website

The figures revealed The Friends’ School in North Hobart had a higher gross income than any other school in the Tasmania region.

The school made a gross income of $164.3m, according to financial records from the combined past five years.

The school’s income increased by 15 per cent between 2018 and 2022.

St Patrick's College in Launceston.

The region’s second richest school was St Patrick’s College, in the Launceston suburb of Prospect Vale, which had a gross income of $152.9m.

Its total gross income per student in 2022 was $22,551.

The school with the third highest gross income was Scotch Oakburn College, in the inner Launceston suburb of Newstead, which made $139.6m.

Its total gross income per student in 2022 was $28,029.

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.

Cape Barren Island School at Cape Barren Island had the lowest gross income of any school in the Tasmania region.

It made just $2.5m over the five-year period.

Its total gross income increased by 26 per cent from 2018 to 2022 while the total gross income per student in 2022 was $41,335.

Wilmot Primary School at Wilmot had the second lowest gross income of any school in the Tasmania region.

It made just $3.9m over the five-year period.

Its total gross income increased by 20 per cent from 2018 to 2022 while the total gross income per student in 2022 was $36,405.

Natone Primary School at Natone had the third lowest gross income of any school in the Tasmania region.

It made just $4.4m over the five-year period.

Its total gross income increased by 21 per cent from 2018 to 2022 while the total gross income per student in 2022 was $36,231.