Trudeau announces $9B in financial aid for students struggling because of pandemic

Many students have lost their summer job prospects because of business closures during the pandemic. 
Marty Melville/AFP via Getty Images

Date Published: April 22, 2020

Source: CBC

Prime Minister Justin Trudeau has announced $9 billion in financial aid for post-secondary students given the difficulty of finding summer jobs. Students will be eligible for $1,250 per month from May-August or $1,750 per month if they are taking care of someone or have a disability, and those who are currently working but making less than $1,000 a month will also be eligible. Trudeau also announced that students who volunteer for the fight against COVID-19 over the summer will also be paid between $1,000 and $5,000 depending on the hours worked. Further measures for students include: doubling federal student grants for eligible students, raising the maximum weekly amount provided through the Canada student loans program, more than $75 million in additional supports for Indigenous post-secondary students, and another $291 million to extend expiring federal graduate research scholarships and post-doctoral fellowships, as well as supplementing existing federal research grants.

Read the full article here: https://www.cbc.ca/news/politics/trudeau-students-financial-aid-1.5540814

Summary by: Christina Blagojevic