Students can finally start getting the help they need. Applications for the Canada Emergency Student Benefit (CESB) will be open by the end of the week. The prime minister made the announcement in his daily address.
During his appearance on May 13, Prime Minister Justin Trudeau confirmed that people currently enrolled at school and recent graduates could begin applying for the benefit starting on Friday, May 15.
He also said that anyone who wants to apply for the benefit should consider setting up an account on the CRA's website in order to make the process quicker and easier.
The CESB offers students who cannot find work for the summer $1,250 a month from May to August.
People in that group with disabilities or dependents are eligible to receive an additional $750.
The benefit is available to those who are currently enrolled at post-secondary institutions and people who graduated no earlier than December 2019.
High school grads who are entering university or college in the fall, as well as Canadians studying abroad, are also eligible to receive the CESB.
Those receiving this benefit over the summer will also be required to look for work. The government will offer employment incentives and postings.
The Canada Student Service Grant also offers financial assistance in the form of up to $5,000 for people who perform volunteer work over the summer.
The government will be providing further information on how students can apply for volunteer positions, as well as how funding levels will be assessed.
The CESB and Services Grant are part of an effort by the government to provide financial assistance to students in need.
These initiatives have amounted to a $9 billion investment through the COVID-19 Emergency Response Plan.
A separate and more wide-reaching benefit, the Canada Emergency Response Benefit, provides a monthly payment of $2,000 to workers across Canada who have lost their jobs or are making less than $1,000 a month.
In addition, the government also announced that it would be doubling grants for the entire 2020 to 2021 school year.
It will also be extending federal graduate research scholarships and postdoctoral fellowships.