What's New

Stay current with information that affects you

Check back here often for news related to student funding.

New Canada Student Grant Program

Effective Fall 2009, the new Canada Student Grant Program consolidates all federal student financial assistance grants into a single program that will provide more effective support for you and your family to manage the cost of your post-secondary education. 

Canada Student Grant for Students from Low-Income Families

Students from low-income families who qualify for a federal student loan and meet the specific grant eligibility requirements will receive $250 per month of study.  This grant is available for all years of a university undergraduate, college or trade school program, of a minimum of two years duration.

Canada Student Grant for Students from Middle-Income Families

Students from middle-income families who qualify for a federal student loan and meet the specific grant eligibility requirements will receive $100 per month of study.  This grant is available for all years of a university undergraduate, college or trade school program, of a minimum of two years duration.

Canada Student Grant for Students with Dependants

Low-income students with children, who qualify for a federal student loan and meet the specific grant eligibility requirements, will receive $200 per month of study for each child under 12 years of age (at the beginning of the school year).  Students with children 12 years of age or older who have permanent disabilities (a permanent physical or mental impairment that results in the child requiring daily care) will also receive this grant.

Canada Student Grant for Persons with Permanent Disabilities

$2,000 per loan year is available for students to help meet education and living costs due to their permanent disability.

Canada Student Grant for Services and Equipment for Persons with Permanent Disabilities

Up to $8,000 per loan year is available for students who have exceptional education related costs due to their permanent disability.

Transition Grant - for recipients of the Canada Millennium Bursary (CMB) in 2008-2009

Effective August 1, 2009, the CMB will be discontinued.  However, if you received a CMB in 2008-2009 and you are continuing in the same program, you may receive a Transition Grant for up to three additional years of continuous study.  This is to ensure that eligible recipients of the CMB will continue to receive the same level of grant funding for the remainder of their current post-secondary program.

Entrance and Exit Counselling - New and Improved

Check out the new and improved Entrance and Exit Counselling sessions on the EDULINX website.  The sessions are now shorter, more user friendly and easier to navigate.

• Entrance Counselling has information about every phase of the student loan life cycle including:
• the student loan process
• how to keep loans in interest free status
• budgeting and saving tips

         If you are new to student loans or want to learn how to manage your student loans while in school, complete Entrance Counselling.

• Exit Counselling informs you about:
• what the grace period is
• your repayment options
• your options if you have trouble paying

         If you are approaching the end of your final year of studies or are finished school, you need to know the information in Exit Counselling.