An increase to the income eligibility thresholds for federal loans and grants to part-time students is being welcomed as a measure to ensure their access to post-secondary education.
The Canadian government announced May 16 it will invest approximately $22.5 million over the next 10 years to increase accessibility for student financial assistance. It is projected that over 2,500 additional part-time students will be eligible for a Canada Student Loan in year one, rising to just under 8,000 in year five.