Launched on March 22, 2023

Saskatchewan’s 2023-24 Provincial Price range will strengthen post-secondary schooling by increasing coaching applications, funding precedence infrastructure tasks and supporting college students financially. The Authorities of Saskatchewan is investing $764.8 million within the post-secondary schooling sector, a rise of $24.5 million or 3.3 per cent.

Giving college students extra alternatives to organize for and pursue their careers of selection encourages development that works for everybody. The finances supplies $25.2 million in new funding to develop coaching applications for key well being professionals. Starting in fall 2023, roughly 550 seats will probably be added throughout 18 well being coaching applications to assist handle essential labour market wants. 

As well as, $10 million will assist the continuation of a 150-seat growth in nursing applications and $2.4 million will probably be used to coach internationally educated well being care suppliers. Funding of $539,000 will assist 5 new veterinary coaching seats for Saskatchewan college students. These investments are along with capital and working funding that was initiated in 2022-23 for these applications.

The Ministry of Superior Training will make investments $58.9 million in infrastructure – a 90 per cent improve in its capital finances. Precedence tasks embrace tools and renovations for expanded well being coaching applications throughout the province and Saskatchewan Polytechnic’s campus renewal mission in Saskatoon.

“Investments in post-secondary schooling will profit present and future college students throughout Saskatchewan by expanded coaching alternatives, elevated scholar monetary help and facility enhancements,” Superior Training Minister Gordon Wyant stated. “A various, educated workforce is crucial to our sturdy and rising economic system. We’re decided to supply our college students with interesting coaching choices near dwelling and rewarding job alternatives that maintain them in Saskatchewan.”

Extra key investments within the Ministry of Superior Training’s 2023-24 Price range embrace:

• $8.7 million for {an electrical} infrastructure improve mission on the College of Saskatchewan;
• $6.0 million for design and planning work for Saskatchewan Polytechnic’s campus renewal mission in Saskatoon; and
• $4.0 million for renovations on the College of Saskatchewan’s Dental Clinic. 

“These strategic investments give attention to our labour market’s most urgent wants and align with the targets and path in Saskatchewan’s Development Plan and Well being Human Assets Motion Plan,” Wyant stated.

The 2023-24 Price range represents the third yr of a four-year funding settlement with post-secondary establishments. They are going to obtain greater than $697.4 million in working and capital grants, together with: 

• $431.8 million to the College of Saskatchewan, the College of Regina and federated and affiliated schools;
• $171.1 million to Saskatchewan Polytechnic, the Saskatchewan Indian Institute of Applied sciences, and Dumont Technical Institute;
• $35.6 million to Saskatchewan’s Regional Schools; and
• $58.9 million for capital tasks and preventative upkeep and renewal all through the post-secondary sector.

Funding to Regional Schools for facility enhancements consists of $800,000 to develop Carlton Path Faculty’s technical studying and trades facility and $600,000 for a brand new store at Northlands Faculty.

College students will profit instantly from $47 million in monetary assist, a 24 per cent improve because of rising utilization of the Scholar Help Fund and Saskatchewan Benefit Scholarship.

Funding consists of:

• $34.5 million (a 28 per cent improve) for the Scholar Help Fund, which is able to present loans and grants to greater than 20,000 college students; and
• $12.2 million (a 15 per cent improve) for scholarships together with, $8.6 million for the Saskatchewan Benefit Scholarship and $50,000 for brand spanking new Indigenous Language Scholarships.

The Graduate Retention Program, the most beneficiant program of its sort within the nation, will proceed to supply as much as $20,000 in tax credit to post-secondary graduates who stay in Saskatchewan to work. Greater than 81,000 graduates have claimed these credit thus far.

Saskatchewan has invested $13.4 billion in post-secondary establishments and scholar helps since 2007.

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For extra data, contact:

Carolyn Hamilton
Superior Training
Regina
Telephone: 306-787-6041
E-mail: [email protected]
Cell: 306-537-3593