According to the numbers 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.
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
Parents and students do not need to apply for the Saskatchewan Advantage Scholarship as post-secondary educational institutions will apply on the student's behalf and eligible students will have their tuition reduced by the scholarship amount."
Updated information on the scholarship is posted on the Ministry of Advanced Education's website at www.aeei.gov.sk.ca/scholarship-sas.
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.