The Department of Education said more than 150 private schools across Australia received funding above their Schooling Resource Standard (SRS), which measures a school’s entitlement to public funding, while needy public schools remain significantly underfunded.
Federal and state governments would have more than $215 million extra a year to distribute to needy schools if they stopped funding others above their entitlement.
Over-funded schools received more than $1 billion in federal government funding.
Daramalan College in Canberra, which received $14 million in government funding in 2014 — 198% of its entitlement — is the most over-funded school in the country in dollar terms. Elite girls school Loreto Kirribilli, which received $7.3 million in government funding, had the highest percentage — 283% of its entitlement.