The educational maintenance allowances have been piloted in East Ayrshire, Dundee, Glasgow and West Dunbartonshire, covering 7,000 young people in schools and colleges.
From this summer, the allowances will be made available to young people aged 16 to 19 around the country. Pupils must have a 100 per cent attendance record each week to receive their allowance.
According to the executive, the scheme has boosted school participation rates in the pilot areas by six per cent.
However, opposition MPs have condemned the initiative as offering "bribes" to keep pupils in school.
An evaluation of the East Ayrshire pilot found that less than half the male recipients of the allowance said it had encouraged them to attend school more regularly. And 65 per cent said they spent some of their allowance on clothes.
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