Fernandez yOung's Blog

NEWS & INSIGHTS

{UPDATED} Canada Emergency Student Benefit and Canada Student Service Grant

{Updated Wednesday, May 13}

The Canada Emergency Student Benefit (CESB) will run from May to August, 2020 and provide $1,250 per month for eligible students. It will provide $1,750 per month for students with dependents or disabilities. 

Eligible students include:

• Students currently enrolled in post-secondary education towards a degree, diploma or certificate 

• Students who ended studies no earlier than December 2019 

• High school graduates who will be joining post-secondary programs beginning before February 1, 2021 

Applications for the CESB will open this upcoming Friday, May 15. Apply via CRA MyAccount


The Canada Student Service Grant will provide a grant of $5,000 towards fall tuition for students who engage in "national services" or "help their communities". 

Additional relief measures include:

  • Doubling the Canada Student Grants providing up to $6,000 and $3,600 for full and part-time students, respectively. 
  • Increase eligibility for financial assistance by removing expect student's and spouse's contributions in 2020-21.
  • Increase Canada Student Loans funding from maximum weekly amount $210 to $350.
  • An additional $75.2 million in funding for distinctions-based support for First Nations, Inuit and Métis Nation students.