Jersey Dairy may have to pay towards the cost of school milk in the island.
The scheme was stopped by the States of Jersey as part of a wider range of money saving plans.
The Education Minister, Deputy James Reed, said dairy farmers, who get a government subsidy, could make a contribution.
He said: "It might be that the Jersey Dairy could be encouraged to look at contributing and re-introducing school milk to the schools that require it."
Christopher Journeaux, the head of marketing at Jersey Dairy, said he welcomed the return of the scheme.
He said: "We would like to see it universal... we would like to see school milk in the schools and for children to have a choice.
"We have very busy people out there, who, with a little bit of assistance from government, can ensure children are getting a vital product put in front of them."