More than 4,500 students benefitted from the new Saskatchewan Advantage Scholarship in its first year. In 2012-13, the program provided more than $2.2 million in scholarships to help students with their post-secondary education.
“I am pleased that thousands of students have benefitted from this scholarship in its first year,” Advanced Education Minister Don Morgan said. “We are seeing more students participate in our growing economy and the Saskatchewan Advantage Scholarship will assist more students participate in and complete their post-secondary education.”
The Saskatchewan Advantage Scholarship reduces tuition up to $500 per year to a lifetime maximum of $2,000 for new Saskatchewan Grade 12 graduates who enroll at a Saskatchewan post-secondary institution. Students have up to 10 years from graduation to access the scholarship.
In the 2012-13 academic year, students across the Saskatchewan post-secondary sector benefitted from the program. The percentage breakdown by institution is:
* University of Saskatchewan: 44 per cent
* University of Regina: 30 per cent
* SIAST: 13 per cent
* Regional Colleges: eight per cent
* Private Vocational Schools: five per cent
Morgan reminds parents and students that they do not need to apply for the Saskatchewan Advantage Scholarship.
“Your post-secondary educational institution will apply on the student’s behalf and eligible students will have their tuition reduced by the scholarship amount,” Morgan said.
Updated information on the scholarship is posted on the Ministry of Advanced Education's website at www.aeei.gov.sk.ca/scholarship-sas.
Morgan noted that while the Saskatchewan Advantage Scholarship is reducing tuition fees for students, those same students can also get all of their tuition back, up to $20,000, if they stay and work in Saskatchewan after they finish their post secondary education.
“Close to $52 million in Graduate Retention Program benefits were provided to 50,000 graduates for the 2012 taxation year,” Morgan said. “This means more young people are choosing to live and work in Saskatchewan after finishing their education and that's one of the reasons our province is growing at its fastest pace in decades.”