PM Trudeau announces $9-Billion Canada Emergency Student Benefit
The government is now working on a $9-billion financial aid package for students who are struggling with income and jobs during this pandemic.
In the Prime Minister’s announcement today, he mentioned that students will soon be able to claim the Canada Emergency Student Benefit. This comes after claims that several students are not qualified in the CERB program.
Qualifying students will receive $1,250 a month from May to August. $1,750 a month for those taking care of a family member or has a disability.
Here is the list of who’s eligible for the new benefit:
- College and university students currently in school
- Students planning to start in September
- Students who graduated in December 2019
- Working students earning less than $1,000 a month
There will be 76,000 additional jobs for young people as well, focusing on industries that are in need of extra help such as frontline jobs. The government is also working on increasing grants and investing to extend scholarships.
A new student grant is also in the works called Canada Student Service Grant, $1,000-$5,000 for students volunteering in this COVID-19 fight. And more than $75 million increase support for First Nations, Inuit, and Metis Nation students.
The PM said more discussions are still needed before the program is finalized and can successfully roll out.