Northland principals are happy to wave goodbye to the school decile system and the stigma that comes with it.

Education Minister Chris Hipkins has announced the Government plans to scrap the current decile-based school funding system - which allocates about 3 per cent of total school funding to schools based on the socio-economic status of the areas where students live - by 2021 or 2022.

It will be replaced by a new "equity index" which will give schools more money based on 26 measures of the family backgrounds of each child in the school.

Te Tai Tokerau Principals' Association

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The 26 measures used in the equity index include

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