Federal government invests in student financial assistance – Dal News


Prime Minister Justin Trudeau announced today that the federal government will provide $ 9 billion in financial assistance to post-secondary students and recent graduates during the COVID-19 pandemic.

The money will support students who may struggle to find summer jobs or pay their fall tuition fees, as well as recent graduates who are now trying to start their careers.

“Dalhousie University applauds today’s announcement by Prime Minister Trudeau outlining additional supports for students,” said University President Deep Saini. “Investing in students is an investment in our future. Helping our youth continue their education supports Canadian families, communities and the economy.

Canada Student Emergency Benefit

The plan includes the launch of the Canada Student Emergency Benefit (CESP), which provides support to students ineligible for the previously announced Canada Emergency Benefit (CESP). Eligible students can receive $ 1,250 per month between May and August 2020, and eligible students with dependents or disabilities can receive $ 1,750 per month.

The CESB will be offered to students who are Canadian citizens and permanent residents. Applicants will need to indicate that they had planned to work full or part time and that their summer job is no longer available. ECCP beneficiaries will be required to reapply every four weeks.

Canada grant for student services and other aid for work placements

Also announced today is the new Canada Student Services Grant, which will support students participating in volunteer placements this summer. Eligible students can apply to receive up to $ 5,000 in funding for their studies in the fall.

The government plans to expand federal employment, skills development and youth programs, and will create 116,000 jobs, internships and other employment opportunities for students this summer.

Canada Student Loans Program

Canada Student Grants will be doubled for eligible students, including up to $ 6,000 for full-time students and up to $ 3,600 for part-time students per academic year. Weekly maximum student loan levels will increase from $ 210 to $ 350, and student and spousal contributions in 2020-21 will be removed to expand eligibility criteria.

Support for Indigenous students

The government will provide $ 75.2 million to increase current awards-based support for First Nations, Inuit and Métis students.

Support for graduate students

The federal granting councils will receive $ 291.6 million to extend expiring federal graduate research grants and postdoctoral fellowships, and supplement existing federal research grants. Eligible students whose scholarships expire between March and August 2020 may benefit from a one-semester extension.

Support for Dalhousie students

Full details on all of these new and expanded government programs will be available in the coming days and weeks as the proposed programs progress through legislation. For more information on the government’s COVID-19 economic response plan, visit the Government of Canada website.

Dalhousie has created a list of various resources for students facing financial hardship due to COVID-19. For more information on scholarships, government programs, community resources, and other supports, visit dal.ca/financialresources.

Today’s announcement of the Canada Student Emergency Benefit and other initiatives targeting students will help Dalhousie focus its university financial support on students who may not be eligible for these programs as well as those in d ‘other areas in need.