The grant is provided by the Japanese government, through the Asian Development Bank, and will be used to rebuild at least five junior and secondary schools in the badly-hit Tafea province.
The regional director of the ADB's Pacific office, Andrea Iffland, says the schools will be built to achieve a safer, clean learning environment for students.
She says the projects will also include the construction of community shelters with rainwater storage, communications facilities and supplies for use in future emergencies.