Friday, May 22, 2020

MEASURES FOR STUDENTS SUPPORT PROGRAM INTRODUCED BY THE GOVT. OF CANADA

MEASURES FOR STUDENTS SUPPORT PROGRAM INTRODUCED BY THE GOVT. OF CANADA

According to Prime Minister Justin Trudeau, the future of Canada’s economy and prosperity lies in the hands of our students getting ready to take over the huge economy. These students, the talented and outspoken people of Canada are suffering from a hard time due to COVID-19. Hence, due to the closure of universities, mental pressures, and financial pressures for those who self-finance themselves while they work and study.

Candidates also include those coming to Canada from countries like China, India, Pakistan, Maldives, Bhutan, Bangladesh, and many other countries from the rest of the world. The Prime Minister also said that for a sustainable economy there needs to be a strong workforce and good job opportunities, especially for young people. It highly means that giving the students the support they need to continue their studies and giving them encouragement to serve their respective communities.

COMPREHENSIVE FINANCIAL SUPPORT FOR THE STUDENTS

The Govt. apart from their measures for self-employed and affected business owners has also announced for the student’s comprehensive support. This support is for $9billion and these are for the post-secondary students and the recent graduates. Apart from this comprehensive plan, there are additional measures for the students including;

CESB or Canadian emergency students benefit would provide immediate support to the fresh students and new graduates. The beneficiaries of this program will be the ones who are most eligible and affected due to the pandemic COVID-19. Furthermore, this benefit provides $1,250 for the most eligible students and $1,750 for the eligible ones with dependents or disabilities. Hence, these benefits are available from May to Aug this year.

The New Canada service grants are yet another support program or measure that will help students gain valuable work experience and skills while they can be helpful for their communities during COVID-19. Therefore, for the most willing students who chose to volunteer and work for the national service and serve their communities. Hence, the announced is for the Grants that provide funds of $5,000 for their education in fall this year.

Courtesy: MBE Blog

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