Victoria will reluctantly sign up to the Morrison government’s school funding deal amid growing concerns that federal funding to the state's schools will run out next month.

Facing intense pressure to provide funding certainty to state, Catholic and independent schools, Premier Daniel Andrews said he’d been left with no choice but to ink an agreement with the Commonwealth.

Mr Andrews said while he’d fought for a better deal, Australians had elected a Prime Minister who was not going to budge on his school funding offer.

Victoria will become the last Australian state to sign up to the Gonski 2.0 school funding deal

"We're really faced with a clear choice. We can either have no funding come from the Commonwealth to schools, or we can sign on to a deal that we don’t think is a good deal,” he said on Thursday.