Government Financial Aid

Government Supports that May Apply to Students During COVID-19

Recovery benefits

The federal government has announced new recovery benefits which are available between September 27, 2020 and September 25, 2021.

Employment Insurance (EI) program

Due to the COVID-19 outbreak, temporary changes have been made to the EI program to better support Canadians looking for work. As of September 27, EI eligibility has changed. If you are eligible for EI benefits, you will receive a minimum taxable benefit at a rate of $500 per week, or $300 per week for extended parental benefits. Find out more: https://www.canada.ca/en/services/benefits/ei.html.

If you are not eligible for EI, you may be eligible for other new benefits:

Canada Recovery Benefit (CRB)

The CRB provides $500 per week for up to 26 weeks for workers who have stopped working or had their income reduced by at least 50% due to COVID-19, and who are not eligible for Employment Insurance (EI).

Canada Recovery Sickness Benefit (CRSB)

The CRSB provides $500 per week for up to a maximum of two weeks, for workers who:

  • are unable to work for at least 50% of the week because they contracted COVID-19
  • are self-isolated for reasons related to COVID-19
  • have underlying conditions, are undergoing treatments or have contracted other sicknesses that, in the opinion of a medical practitioner, nurse practitioner, person in authority, government or public health authority, would make them more susceptible to COVID-19.

Canada Recovery Caregiving Benefit (CRCB)

The CRCB provides $500 per week for up to 26 weeks per household for workers:

  • unable to work for at least 50% of the week because they must care for a child under the age of 12 or family member because schools, day-cares or care facilities are closed due to COVID-19
  • because the child or family member is sick and/or required to quarantine or is at high risk of serious health implications because of COVID-19.

Persons with disabilities

The Government of Canada is providing a one-time, tax-free, non-reportable payment of $600 to help Canadians with disabilities who are recipients of certain programs or benefits.

Consult Canada’s COVID-19 Economic Response Plan for eligibility and to find out more information about any of these benefits: https://www.canada.ca/en/department-finance/economic-response-plan.html

Student Grants and Loans

The federal government has doubled federal student grants so that full-time students will get up $6000 and part-time students will get up to $3600 for the 2020-2021 school year. The Canada Student Grants for Students with Permanent Disabilities and Students with Dependents has also been doubled.

The federal government is also broadening eligibility for student financial assistance by removing the expected student’s and spouse’s contributions in 2020-2021.

The government is also enhancing the Canada Student Loans Program by raising the maximum weekly amount that can be provided to a student in 2020-21 from $210 to $350 and increasing existing distinctions-based support for First Nations, Inuit, and Métis Nation students pursuing post-secondary education.

*This information is accurate as of March 1, 2021.

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