The government may reconsider the restrictions on back-to-school assistance for students repeating Year 13, according to Finance Minister Biman Prasad. This statement came alongside the announcement of a $40 million financial aid program aimed at families with a combined income of $50,000 or less, which is open from October 31 to December 6.
Currently, Year 13 students are not eligible for this assistance as the expectation is that they will transition from secondary education next year. However, Prasad noted that the government is open to considering support for certain students who wish to repeat the year.
He emphasized that the government has designed new pathways for Year 13 students after they complete their education, pointing out that the current scholarship scheme is more efficient than the previous loans scheme. This new system effectively assesses students’ abilities and provides them with opportunities tailored to their needs, especially in technical fields, which are being actively supported.
Prasad criticized the previous student loan scheme, highlighting that it allowed some students to misuse funds, leading to financial uncertainty regarding $160 million that remains unaccounted for. He asserted that the improved scholarship scheme offers much more in terms of options for students who may not enter university but can pursue technical skills.
The financial assistance is scheduled to be distributed on January 15 next year, providing families with two weeks to prepare for the new school year starting on January 27.
This initiative reflects the government’s commitment to supporting students and addressing the challenges they face in their educational journey. By exploring the possibility of support for students repeating Year 13, the government is showing a flexible approach to education that could ultimately empower more students to succeed.
Overall, these changes present a hopeful outlook for students, ensuring they have access to the resources and opportunities necessary for their academic and professional development.
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