SaskParty to Help With Tuition Costs By Raising the Sask Advantage ScholarshipOctober 02, 2020
A re-elected Saskatchewan Party government will increase the Saskatchewan Advantage Scholarship by 50 per cent from $500 to $750 per year. This amounts to an overall increase of $1,000 over four years for eligible Saskatchewan students.
"Saskatchewan Advantage Scholarship is there to ensure students from low to moderate income families can afford to continue their education after high school," said Premier Scott Moe.
"Increasing the Saskatchewan Advantage Scholarship, together with Saskatchewan’s other strong financial supports for students, will help make post-secondary education more affordable."
The provincial government currently provides about $90 million a year to 19,000 students through repayable loans and non-repayable grants.
The increase to the Saskatchewan Advantage Scholarship will benefit an estimated 8,000 Saskatchewan students per year. It will be introduced in next year’s budget and will cost $2 million per year or $8 million over four years.
"Making post-secondary education more affordable and accessible to all of our young people is part of our plan for a strong Saskatchewan," Moe said.
BACKGROUNDER: Increasing the Saskatchewan Advantage Scholarship by 50%