Fifteen million euro is to be divided among 400 primary schools to establish book rental schemes and fund existing ones.
Ninety percent of schools already have the programme in place.
The remaining 10 per cent will receive a portion of the funding later this month to allow them to have the scheme in place for next year.
Peter Mullen is the Press Officer with the Irish National Teachers Organisation.
He says while the announcement is good news for the schools, it will provide limited assistance to those who already have a scheme in place:
