"ASB Polyfest is not a profit-generating event and lacks the reserves to deal with any financial problems, so the grant from the Ministry of Pacific Peoples has helped us develop a reserve fund," Drumm said.
Students from 60 schools around the country are competing in what is mainly a dance festival, but also features a speech section.
The 2017 Polyfest, which began on Wednesday, continues at the Manukau Sports Bowl today and tomorrow.
Today's programme features performances from Tongan and Niuean groups, as well as a kapa haka competition.
Entry is $5 per person, but pre-schoolers enter for free.