Supporting Canadian Students...

July 03, 2008

In Budget 2008 our government announced significant improvements to federal support to students. For the first time, all Canadians who want to attend university, college or a trade school will be able to, regardless of their financial situation. The most noteworthy changes include:

• The new Canada Student Grant Program will provide $250 each month in grants for students from low-income families and $100 a month for students from middle-income families. Students with dependants under 12 years of age will also qualify for an additional monthly grant of $200.
• The new Repayment Assistance Plan is an optional program for students facing difficulty in meeting their student loan payments. This new program is more responsive to a borrower’s economic circumstances and will link monthly loan payments to a student’s ability to pay. Individuals will now make affordable payments based on their income and debt levels.
• The new Service Delivery Vision means that we will develop a modernized service administration of the loans programs to help students to manage loans and grants, from research to repayment. The use of electronic services will allow students to self-manage their loans online.

Contact us...

Our address is: suite 105, 1410 11th Ave SW Calgary, T3C 0M8 or phone (403) 244-1880. Our e-mail address is Richardson.L@parl.gc.ca.