Released on March 26, 1999
The $68.1 million being spent on help for learners in 1999-2000 isexpected to help 25,000 people through Student Financial Assistance
and Skills Training Benefits. Of these, 16,000 will be helped by the
Student Loans Program, 5,000 by the Provincial Training Allowance and
the others by Skills Training Benefits including Apprenticeship.
"Income support for learners is critical to giving Saskatchewan people
with need, access to higher education," Post-Secondary Education and
Skills Training Minister Maynard Sonntag said. "This gives people
options and opportunities they might not otherwise have.
"Investing in our young people helps everyone in Saskatchewan. We are
putting money in the hands of Saskatchewan learners, helping them to
train for real jobs and to contribute to the best of their ability to
the social and economic fabric of this province."
Saskatchewan will spend $14 million dollars this year on the Skills
Training Benefit, which offers the financial support learners need to
take the training required to get a job and keep it. There will be
$22.4 million spent on the Provincial Training Allowance and Youth
Allowances in this budget.
The Provincial Training Allowance helps people to get the basic
education and training that prepares them to go further to obtain
post-secondary education.
Saskatchewan strengthened its student financial assistance in
1998 with a Student Bursary Program for students with high need,
increased financial assistance for students with dependants and
tax changes. The Student Bursary Program has already helped
9,000 students, 3,500 of them being students with dependents.
The tax changes have benefited 30,000 people with student loans
in repayment. Now Saskatchewan is negotiating with Ottawa in the
hope of further strengthening the program by harmonizing the
Canada and Saskatchewan student loan programs. Saskatchewan
already has one of the most generous debt forgiveness programs in
the country for student assistance.
"I am optimistic that the Millennium Scholarship Fund can become
part of the discussions on harmonizing the federal and
Saskatchewan Student Financial Assistance programs," Sonntag
said. "This would offer Saskatchewan students the maximum
benefit from the programs."
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For more information, contact:
Ken Alecxe
Post-Secondary Education and Skills Training
Regina
Phone: (306) 787-6056