REGINA — The Government of Saskatchewan has increased post-secondary financial support.
In 2023-24, the government will provide $112 million in direct support to students through tax credits, grants and scholarships, an increase of $9.0 million from the previous year.
The province provides financial assistance to more than 20,000 Saskatchewan post-secondary students each year through numerous programs. In 2023-24, the government will allocate $34.5 million to the Student Aid Fund, which provides loans and grants to Saskatchewan students. Applications for the 2023-24 student aid year will open in June. Students are encouraged to apply early to help ensure funding is received by their program start date.
The government also has specific support to assist students with disabilities in completing post-secondary education. The Canada-Saskatchewan Grant for Services and Equipment for Students with Disabilities provides students with up to $22,000 per academic year to purchase specialized education-related services and assistive equipment.
The government is also allocating more than $12 million in scholarships for students currently in or entering post-secondary. This funding includes:
- $8.6 million for the Saskatchewan Advantage Scholarship, which benefits students who qualify for student aid by providing a $750 scholarship per year to a maximum of $3,000;
- $3.0 million for the Saskatchewan Innovation and Opportunity Scholarship, which is matched by post-secondary institutions and divided into multiple scholarships; and
- $500,000 to support French Language Scholarships, the Queen Elizabeth II Scholarship, Queen Elizabeth II Centennial Aboriginal Scholarship, the Scholarship of Honour, and new Indigenous Languages Scholarships.
Post-secondary graduates who live and work in Saskatchewan can also benefit from the Graduate Retention Program, which provides up to $20,000 in tax credits. Saskatchewan also provides loan forgiveness for nurses, nurse practitioners, veterinarians and veterinary technologists who choose to practice in rural areas of the province.
To learn more about supports available to post-secondary students and graduates, visit saskatchewan.ca/studentloans.
