THE federal government believes Victoria, Queensland, Western Australia and the Northern Territory stand to lose a combined $41 billion if they don't join the new school funding model.
Talks are continuing with Victoria to address the state's further concerns with the deal.
The Labor government says that with the higher per-student funding, increased student numbers and guaranteed indexation, there will be a collective $61 billion boost to schools over the next six years.
This includes the more than $15 billion needed to lift those schools which are currently below the schooling resource standard.
So far only NSW, the ACT, South Australia and Tasmania have signed up to the Commonwealth plan based on the Gonski panel's recommendations.
The other states will miss out on more than $41 billion over the six years if they don't join, the government says.
Federal Education Minister Bill Shorten says a meeting with Victorian Premier Denis Napthine on Tuesday was positive.
Comment has been sought from Dr Napthine.
If federal Labor can get the Victorian government on board it will be a big win because it will have a majority of states signed up.
Getting a second coalition government on side could also mitigate attacks from Opposition Leader Tony Abbott and the federal coalition, who want to scrap the new funding model.
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