Investments in Canada Student Grants (CSG) are set to run out.
If you are a student who relies on Canada Student Grants, CASA wants to hear from you.
What would you do without #HalfYourCSG?
Next school year, federal grant maximums for students will fall from $6000 to $3000. CASA has been collecting testimonials from students who receive CSG to fund their education, on the impact these reductions in funding will have on their education. By sharing your story, you are adding your voice to the thousands of students who will see a reduction of student aid next school year. With your help, we can ask the government to reinvest in Canada Student Grants and improve the lives of students in Canada.
What is Canada Student Grants?
The Canada Student Financial Assistance (CSFA) Program supports over 500 000 students in Canada access higher education, providing students in need with Canada Student Grants (CSG) and Canada Student Loans to assist them in achieving post-secondary education.
In 2020-21, due to the COVID-19 pandemic, the Government of Canada further expanded the CSG program to increase the maximum up-front, non-repayable grant an eligible student could receive. This decision, applauded by CASA and other post-secondary stakeholders, raised CSG maximums to $6,000 per year from $3,000 per year, effectively doubling the possible non-repayable aid available to students in need.
However, this investment is set to expire in July 2023, meaning students won’t be able to access this additional funding for the 2023-2024 school year.
With sharp increases in the cost of food, rent, and tuition across Canada, students are concerned about heading into the next school year with less federal grant funding through CSG.
While CASA was pleased to see this increase maintained in Budget 2021 until the 2022-23 school year, we know that low- and middle-income students disproportionately depend on this expanded benefit, and will require increased levels of financial support to continue to pursue their post-secondary education.
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