100% raise in scholarship amount approved

Updated 10 July 2014
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100% raise in scholarship amount approved

The Ministry of Higher Education is expected to increase financial allocations for students studying abroad and their accompanying families by 100 percent, according to sources.
The sources added that the decision has been made on directive from higher authorities to the ministry as a gesture to assist beneficiaries of the Custodian of the Two Holy Mosques Scholarship Program and their accompanying families meet the living requirements while studying abroad. The new cap for study fees of scholarships will stand at $16,000 compared to the current $8,000. 
The decision comes within the framework of the bigger initiatives launched by King Abdullah bin Abdulaziz educational program to help students abroad to overcome any hardships and difficulties they face.
The sources said a committee, which included in its members representatives from the Ministries of Foreign Affairs, Finance, Higher Education and Education, approved the decision following extensive studies.
The committee has submitted its recommendations based on field reports that clearly indicated an increase in the tuition fees in all countries where Saudi students study, including the United States, the UK, Australia, Canada, Ireland, New Zealand, and a number of Asian countries. 
The committee found that $8,000 is not enough to cover study expenses, which made the Saudi cultural attachés in these countries at times extend compensations to students on scholarships via King Abdullah Foreign Scholarship Program while other government bodies bear the cost of scholarships' studies of students.


13,230 families benefit from ‘Sakani’ program in Saudi Arabia

More than 157,000 families benefited from the program during 2018. (SPA)
Updated 17 June 2019
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13,230 families benefit from ‘Sakani’ program in Saudi Arabia

  • More than 157,000 families benefited from the program during 2018

RIYADH: The Ministry of Housing’s “Sakani” program has helped 13,230 families registered on its Real Estate Development Fund list with housing options and finance solutions during May.
This includes 5,835 families who live in their own homes, bringing the total number of families benefiting from the program in different regions of the Kingdom since the start of the year to 68,195.
The Sakani program announced the names of beneficiaries and their national ID numbers through the link https://sakani-names.housing.sa or via the program portal.
More than 157,000 families benefited from the program during 2018.
Ministry of Housing spokesman Saif Al-Suwailem said that Sakani continues to provide its services to beneficiaries according to their needs and abilities. The ministry is keen to provide better services in line with the “Eskan” program, one of the Saudi Vision 2030 initiatives that aims to raise the proportion of residential ownership to 70 percent by 2030.
As part of Sakani’s efforts to provide suitable housing options, the program began to implement 53 new housing projects in different regions of the Kingdom, characterized by affordable prices for a large segment of citizens registered on the lists of the Ministry of Housing.
Al-Suwailem said that the ministry was keen to find solutions for Saudi families that help them to own the right home for them. SPA Riyadh