Helping student loan borrowers
Changes to the Canada Student Loans Program
We made changes to the Canada Student Loans Program (CSLP) to allow more students to qualify for support and be eligible for greater amounts.
The changes include:
- doubling the Canada Student Grants for all eligible full-time students to up to $6,000 and up to $3,600 for part-time students in 2020-21. The Canada Student Grants for Students with Permanent Disabilities and Students with Dependents would also be doubled.
- broadening eligibility for student financial assistance by removing the expected student’s and spouse’s contributions in 2020-21.
- raising the maximum weekly amount that can be provided to a student in 2020-21 from $210 to $350.