Trudeau: Post-secondary students now eligible to receive $1,250/month
This morning, Prime Minister Justin Trudeau revealed a massive $9 billion plan to help Canadian post-secondary students. And as part of this, they will be eligible to receive $1,250 a month for the months of May through August of this year.
What’s more, those who are taking care of someone with a disability will be eligible for $1,750. And before you ask, yes, this plan is in addition to the Canada Emergency Response Benefit, which provides $2,000/month for eligible Canadians.
I’m announcing new support for students today, because we’ve heard from many of you across the country and we want to help you get through this difficult time. Watch my announcement live for more info: https://t.co/6mK0zpkUXl
— Justin Trudeau (@JustinTrudeau) April 22, 2020
In addition to direct financial aid, Trudeau is also taking steps to double the size of student grants, increase weekly loan capacity, and offering payment for students who choose to volunteer in the fight against COVID-19 throughout the summer.
Plus, $291m will be provided to help extend research grants, scholarships, and fellowships. And finally, $75m is going to help provide additional support for Indigenous post-secondary students. We have to say, it truly is a comprehensive approach for helping Canadian post-secondary students.
If you’d like to learn more about Canada’s ongoing response to COVID-19, click here.