The Scottish Funding Council (SFC) said £25m had already been provided to support the policy, with an additional £20m pledged over the next two years.
However, the figures, submitted to the Scottish Parliament's public audit committee, do not include the costs paid by individual colleges from their reserves – which could be close to half the overall figure.However, SFC officials also believe the policy will have delivered savings of at least £57m by 2014/15 – and as much as £107m by 2016.
Contextual targeting label:
Finance
