Canada Emergency Student Benefit
Calling all students! #CESB applications open soon. Get ready to apply by registering for My Account. It’s fast and easy and you can view and manage all your future tax and benefits online.
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— Canada Revenue Agency (@CanRevAgency) May 8, 2020
Students and recent graduates who have seen their education and job prospects hampered by the ongoing COVID-19 pandemic will soon be able to claim a new Canada Emergency Student Benefit, Prime Minister Justin Trudeau has announced, as part of a $9 billion package of new measures aimed at helping young people.
The benefit will see eligible post secondary students receive $1,250 a month from May to August, and if you are taking care of someone else or have a disability, that amount increases to $1,750 monthly.
College and university students currently in school, planning to start in September, or who graduated in December 2019 are eligible.
As well, working students earning less than $1,000 per month can apply.
Trudeau said the benefit will require additional legislation and talks are now underway about how quickly a bill to implement this new program can be brought forward.
In Wednesday’s update on COVID-19 measures from Rideau Cottage, Trudeau said new student jobs and grants are also on their way.
Specifically, the federal government is also:
- Creating an additional 76,000 jobs for young people in sectors that need an extra hand right now, or that are on the frontlines of this pandemic which could include contact tracing or helping out on farms;
- Investing $291.6 million to extend scholarships, fellowships, and grants for three or four months to keep research projects and placements going, including for postdoctoral fellowships.
- Broadening eligibility for financial assistance and raising the maximum weekly amount that can be provided to a student in 2020-21 from $210 to $350.
- Launching a new Canada Student Service Grant of between $1,000 and $5,000 for students volunteering in the COVID-19 fight to go towards their fall tuition;
- Providing $75.2 million to specifically increase support for First Nations, Inuit, and Metis Nation students; and
- Doubling the Canada Student Grants for all eligible full-time students to up to $6,000 and up to $3,600 for part-time students in 2020-21.The Canada Student Grants for Students with Permanent Disabilities and Students with Dependents are also being doubled.