Canada Emergency Student Benefit to give students N475,000 a month from May to August

The new Canada Emergency Student Benefit will give $1,250 (N475,000) to students from May to August 2020 during the Coronavirus (COVID-19) pandemic.

Canada Emergency Student Benefit would provide $1,250 per month for eligible students or $1,750 per month for eligible students with dependents or disabilities.

Canada Emergency Student Benefit to give students $1,250 a month from May to August

On April 22, Prime Minister Justin Trudeau speaking at his daily press conference, said any student enrolled in a post-secondary institution who makes less than $1,000 will be eligible for the new benefit.

“To all the students watching today, let me say this: As you’re building your future, thinking about how to contribute, or about starting a family or career, all of a sudden you’re faced with a massive crisis. The uncertainty may feel overwhelming, but in Canada, we look out for each other,” Trudeau said.

The benefit will require legislation to pass through parliament before becoming available.

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Trudeau also announced a number of other new measures aimed at students on Wednesday, which together with the CESB will equate to nearly $9 billion in support. Those include:

  • The introduction of a new Canada Student Service Grant that will provide $5,000 towards education expenses for students who volunteer to help their communities during the pandemic.
  • The expansion of existing federal employment, skills development, and youth programming to create up to 116,000 jobs, placements, and other training opportunities for students.
  • Doubling 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 and doubling grants for students with disabilities and dependents.
  • Expanding the Canada Student Loans Program by raising the maximum weekly amount that can be provided to a student in 2020-21 from $210 to $350.
  • Extending expiring federal graduate research scholarships and postdoctoral fellowships, and supplement existing federal research grants, to support students and postdoctoral fellows.
  • Increasing existing support for First Nations, Inuit, and Métis Nation students pursuing post-secondary education by providing an additional $75.2 million in 2020-21.
  • Broadening eligibility for student financial assistance by removing the expected student’s and spouse’s contributions in 2020-21.
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