This study investigated whether use of peer support initiatives in three secondary schools was related to Year 7 students’ positive perception of social support from peers and self‐esteem. Results suggest that the use of these frameworks was related to higher perceived frequency of social support from other students, but not close friend support or self‐esteem. The findings also provide support for a buffering model based on victim status. The relationship between the use of peer support schemes and well‐being variables was stronger for bullied students. Using structured peer support schemes may provide protection from the negative associations of victimisation.