The COVID-19 pandemic has had a tremendous impact on Canada’s youth, affecting their summer jobs, internships and graduation plans.
In addition to the Canada Emergency Student Benefit (CESB), the Canadian government has recently announced up to $11.6 million for a project run by Simon Fraser University. The project will provide paid research and skill development opportunities to more than 1,400 youth in 27 cities across Canada who face barriers to employment.
As part of the government’s fall support measures to help students, eligibility requirements are being eased for Canada Student Loans and Canada Student Grants. This will allow more post-secondary students to qualify and be eligible for greater amounts.
- The cap on Canada Student Loans has been increased to $350 per week of study.
- Canada Student Grants have been doubled for full-time students to up to $6,000 for this school year.
These fall measures represent an investment of approximately $1.9 billion and are expected to expand the reach of the Canada Student Loans Program and benefit approximately 765,000 students.
Learn about other COVID-19 measures on supports for young Canadians and students affected by the pandemic.
Word of the Day:Tremendous: huge, massive, very great in amount or scale.