Queensland Education Minister Grace Grace is demanding an equal funding boost to state schools after the Morrison Government announced a $680 million dollars cash splash for private Catholic schools.

The latest announcement makes a total $4.6 billion national funding deal for the education sector, however, the money will only be spent on Catholic schools, and independent schools.

Mr Morrison says the fund will target rural and regional schools affected by drought, however details of how the fund will work are yet to be revealed.