Parents and carers could see up to £150 of help for each child's school essentials.
The Back to School Bonus helps families with a combined income of up to £75,000 with the cost of educational expenses.
It'll be available for children in reception to Year 11, starting school in September.
Families on Income Support will get the bonus automatically, but other eligible parents will need to apply in the summer term.
The payment will be received in the summer holidays.
The Minister for Social Security, Deputy Lyndsay Feltham said:
"I recognise the cost-of-living pressures many households are facing and it’s important that we help where we can to ease any financial stress on families by ensuring children across the Island have the essentials they need for the new school year.”
Details on how to apply will be provided in the summer school term.
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