Monday, August 25, 2008

HRSDC_Revised

The Government of Canada helps open doors to higher education

It's getting easier to keep learning! Canadians interested in pursuing post-secondary education will now have access to more opportunities then ever, as details of the recent changes to student financial assistance were unveiled.

The Honourable Monte Solberg, Minister of Human Resources and Social Development announced the changes at Kitchener's Pathways to Education Program.

"Because of the changes our Government has introduced, the dream of a post secondary education will be open to every Canadian regardless of their level of income," said Minister Solberg. "What a tremendous opportunity for students and for their potential, and what a powerful advantage for Canada."

The changes in student financial assistance programs include a new up-front Canada Student Grant of $250 per month for students from low-income families and $100 per month from students from middle-income families; a new repayment plan to help students who are having difficulty paying back their student loans, as well as improved services for students to simplify the whole loan process; and greater support for students with permanent disabilities.

"We congratulate the Government of Canada for its wonderful new initiatives related to student financial assistance," said Pathways representative Ms. Cathy Brothers. "These initiatives will truly make a difference in the lives of our young people who are pursuing post-secondary education."

As part of the event, Pathways graduate Mr. Mohammed Shafique spoke about how these changes will help those in pursuit of post-secondary education. "The most daunting challenge we face is related to finances," said Mr. Shafique. "That is why programs that provide financial assistance for low-income students are so important. It opens up doors of opportunity that are otherwise closed to us."

These programs will be implemented for the 2009-2010 school year.

For more information on planning and saving for post-secondary education, including material on Budget 2008 initiatives, please visit Canlearn.ca/more.


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