COVID-19 Update: $9B in Financial Aid for Students Struggling because of COVID-19

On April 22, 2020, the Federal Government announced $9 billion in financial aid for post-secondary students who are not eligible for existing COVID-19 support programs. Eligible postsecondary students will receive $1,250 a month from May until August.

Eligible students include:

• Students currently attending postsecondary school;
• Students planning to start postsecondary school in September 2020;
• College and University students who graduated in December 2019; and
• College and University students who have jobs but are earning less than $1,000 per month.

As the financial aid has only recently been announced, we expect to provide further details as they become available.

Read EKB’s most recent Updates about COVID-19, BC business, and the law.