Prime Minister Julia Gillard has offered state and territory governments $2 for every extra $1 they invest in education, promising a $14.5 billion package over six years from 2014. Below is a breakdown of what the states will get under Labor's school funding plan.
Public schools would be the big winners with $12.1 billion in extra funds, while the Catholic system would receive $1.4 billion and private schools $1 billion.
The federal government also proposes to boost commonwealth schools funding by 4.7 per cent a year, but only if the states and territories agree to increase their education budgets by a corresponding three per cent.
Labor will use savings from $2.8 billion in cuts to tertiary education and $900 million from changes to superannuation tax concessions to help pay for its share of the funding boost.
OVERALL:
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* Extra $14.5 billion for public, private schools over six years from 2014
* Commonwealth to pay 65 per cent, or $9.4 billion
* States to cover the rest
* Extra funding takes total public schools funding to $49.5 billion a year
* Schools funding to grow if better annual indexation rates agreed with states
* Federal government funding to rise 4.7 per cent a year if states grow education budgets by three per cent
STATE-BY-STATE:
* NSW, $5 billion
* VIC, $4 billion
* QLD, $3.8 billion
* WA, $300 million
* SA, $600 million
* TAS, $400 million
* NT, $300 million
* ACT, $100 million
PER STUDENT
$9271 per primary school student
$12,193 for every secondary pupil
BY SECTOR:
* Public schools, $12.1 billion
* Catholic schools, $1.4 billion
* Independent, $1 billion
EDUCATION SYSTEM:
* More than 9400 schools: 71 per cent public, 18 per cent Catholic, 11 per cent independent
* More than 3.5 million students: 65 per cent in public schools, 20 per cent Catholic, 14 per cent independent
* Under current funding system, federal government pays 15 per cent of public schools funding, 75 per cent of private schools funding.

