It's an excellent scheme that has been running for a while. The Borders council website and the Borders IAM website are both pretty confusing on the matter (references to 2015 dates only, £139 & £149 and 2 separate sponsorship schemes) but hopefully that's not putting anyone off further enquiries.
In the Bristol IAM group we also have a similar full refund scheme and have attracted perhaps an unusually high % of young drivers as a result...usually 20 - 50% of our associates on a given course are under 25.
Strange really as the cost shouldn't put people off if they think about it logically. I wish more councils and private sponsors across the UK would do something similar...if that were to happen it's just possible some sort of critical mass would be reached and doing the advanced test would become more 'normal' rather then a minority interest for nerds (like us).
Martin - Bristol IAM: IMI National Observer, Group Secretary, Masters (dist), DSA: ADI, Fleet, RoSPA (Dip)