Sixteen students have been rescued from a school bus that became trapped in an embankment in regional Victoria.

The Country Fire Authority was called to the high-angle rescue on Meeniyan-Promontory Road at Fish Creek about 8.20am on Thursday.

Police were also called to the scene, with reports 16 children were on board.

The children remained on the bus until another one arrived and the group were transferred.

Ambulance Victoria paramedics assessed multiple people, but no one was injured.

The incident was brought under control just after 9am. The CFA has two vehicles on the scene.

The exact circumstances are yet to be determined and investigations are ongoing.

Earlier this month, multiple children were hospitalised with injuries including amputations after a bus was hit by a truck and flipped at Eynesbury on Melbourne’s outer western fringe.

The bus carrying 46 children had just left Exford Primary School for the day when the crash happened.

Truck driver Jamie Gleeson has been charged with dangerous driving causing serious injury over the crash.

Another truck driver has also been charged over a separate crash involving a bus carrying 27 students and five adults at Bacchus Marsh in September.