Government spending rise.

Up to $1,704,000 has been forked out on scholarships and grants -- a 23 percent increase.

It has allowed 370 youngsters to study abroad, despite the recession.

Meanwhile, Government has unveiled plans for setting up a special education fund next year.

It would be boosted by a $2 million grant -- and Government hopes the public would help.

Yesterday Education Minister the Hon. Clarence Terceira said he was determined to boost Bermudians' career prospects.

And he was confident the public would support higher spending on education awards.

"We decided to bite the bullet and simply go over budget on this one,'' he said. "We know taxpayers do not mind this type of spending.'' Last year $1,385,311 was spent on 290 awards. Said Dr. Terceira: "I had been concerned that the financial restrictions created by the recession in Bermuda would make it difficult for us to keep pace with the growth in the number of students wanting to further their education.

"However, I considered this kind of help for our young people a vital investment in the future.

"And, with the help of the Ministy of Finance, we were able to find the extra money. Being able to keep pace with the growth of the educational aspirations of our young people is something to which the Government is committed.'' Dr. Terceira said Government would continue the philosophy in 1994.

"We have decided that next year no person with the proper criteria of need and ability will be denied a higher education.'' The possibility of setting up an additional education fund was being examined.

Government would pump around $2 million into the fund. Said Dr. Terceira: "We would look for further support from the community.

"Our hope would be that this trust would fund itself in the future, and would reduce the burden on the taxpayer by making a substantial contribution in the field of further education awards.''