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The Ministry of Education and Human Resources Development has increased the allocations for the University Student Support Fund from 30 million Dinars to 40 million Dinars, representing an increase of 10 million Dinars funded by proceeds from selling special vehicle license plates. This has allowed the number of beneficiaries to rise to approximately 63,000 students, up from 53,000 previously. Additionally, the number of students nominated for internal scholarships and loans has grown from 53,132 to 60,341, with an extra 4,500 students nominated, bringing the total number of nominees to 64,841 students. The percentage of beneficiaries has also increased from 78% to 84%. A new mechanism has been introduced to distribute scholarships and loans among the various governorates of the Kingdom starting from the 2026-2027 academic year to ensure fair distribution, with the eligibility criteria remaining unchanged. The aim of this adjustment is to address disparities in the benefit rates among different governorates. Since the establishment of the fund in 2004, more than 747,430 students have benefited, with a total amount approaching 687 million Dinars. Meanwhile, the receivables from official universities have decreased from 80 million Dinars to approximately 14 million Dinars, with full repayment expected before the end of 2026.
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