Canada Emergency Student Benefit (CESB) - Government of Canada
We are proposing the Canada Emergency Student Benefit (CESB) that would provide support to students and new graduates who are not eligible for the Canada Emergency Response Benefit or Employment Insurance or unable to work due to COVID-19.
This benefit would provide $1,250 per month for eligible students or $2,000 per month for eligible students with dependents or disabilities. This benefit would be available from May to August 2020. More details will be made available soon.
Creating new jobs and opportunities
We are expanding existing federal employment, skills development, and youth programming to create up to 116,000 jobs, placements, and other training opportunities to help students find employment and develop valuable skills this summer and over the coming months.
Launching a new national service initiative
We are launching the Canada Student Service Grant (CSSG), which will help students gain valuable work experience and skills while they help their communities during the COVID 19 pandemic. For students who choose to do national service and serve their communities, the new CSSG will provide up to $5,000 for their education in the fall.
More details will be made available on the “I Want to Help” platform soon.
Helping students continue their studies in the fall
Changes to the Canada Student Loans Program
We are proposing changes to the Canada Student Loans Program (CSLP) to allow more students to qualify for support and be eligible for greater amounts.
The changes would include:
• 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 would also be doubled.
• broadening eligibility for student financial assistance by removing the expected student’s and spouse’s contributions in 2020-21.
• raising the maximum weekly amount that can be provided to a student in 2020-21 from $210 to $350.
Support for student researchers and post-doctoral fellows
We are providing $291.6 million to support student researchers and post-doctoral fellows through the federal granting councils.
Funding would support a one-semester extension for eligible students whose research scholarships or fellowships end between March and August 2020 and who intend to continue their studies. It would also provide a 3-month extension in funding for holders of federal research grants to support eligible trainees and staff paid out of these awards.
Supporting international students working in an essential service
We will remove the restriction that allows international students to work only a maximum of 20 hours per week while classes are in session, provided they are working in an essential service or function, such as health care, critical infrastructure, or the supply of food or other critical goods.
This temporary rule change will be in place until August 31, 2020.
Suspending repayment and interest on student and apprentice loans
All student loan borrowers will automatically have their loan repayments and interest suspended until September 30, 2020.
Students do not need to apply for the repayment pause.
This moratorium applies to the federal portion of student loans. Borrowers should check with their provincial or territorial student loan provider to see if payment is required on the provincial or territorial portion.
• Providing youth with mental health support
We are giving $7.5 million in funding to Kids Help Phone to provide young people with the mental health support they need during this difficult time.
(Source: https://www.canada.ca/en/department-finance/economic-response-plan.html )