Central Newcastle High School immediately paid a 10 pence shortfall which had lead the team to be disqualified from the national finals.
However, it has been told that there is no way back into the competition.
Members of the team say they are devastated.
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The Gung-Ho! Seriously Fun 5k takes place today (Saturday 2nd July) at Newcastle Racecourse, Gosforth in aid of charity.
Veterans, cadets, dignitaries and serving Northumberland Fusiliers have paid tribute to those killed at the Battle of the Somme
Clear spells. Showers. Brisk winds. Sunday looks like the better day