Canada Emergency Student Benefit, What is it?

Wondering what the Canada Emergency Student Benefit is? It is an important question to answer if you are a student. As a student, you’re likely wondering how you can earn money this summer during this pandemic. On April 22, 2020, the government outlined a program to help these students in this situation.

What is the Canada Emergency Student Benefit Program?

It is a relief program proposed by the government of Canada to help post-secondary students who aren’t able to find full-time employment or cannot work due to COVID-19. Also, if they are not eligible to receive either Employment Insurance benefits (EI) or the Canada Emergency Response benefits (CERB). Many post-secondary students are not eligible for either of these programs as they have not worked enough to qualify.

How Much Do You Get and For How Long?

Students who qualify would receive $1250 per month for up to 4 months (May 2020 to August 2020). If the student has a disability or has dependents, they can receive an additional $750 per month.

Canada Emergency Student Benefit Program, Who is Eligible?

Here are the details from the Government of Canada’s website below:

  • Students who are enrolled in a post-secondary education program leading to a degree, diploma, or certificate.
  • Students who ended their studies or graduated no earlier than December 2019.
  • High-school graduates who have applied for and will be joining post-secondary programs in the coming months.
  • Canadian students studying abroad meeting one of the above criteria.

When Can I Apply? Update!

You can apply for the program starting on May 15, 2020 at 6 am Eastern time. For more details on how to apply and inputting an online application please go to the Government of Canada’s website.

When Will I Get Paid?

The most important question of course! The Government of Canada’s website says that if CRA has your direct deposit information, your payment will take 3 business days. If not, then a cheque will take about 10 business days.

Conclusion

The Canada Emergency Student Benefits Program is a way to help the many students who cannot find employment. It helps close the gap of students who don’t qualify for Employment Insurance or the Canada Emergency Response Benefits Program. Hopefully the program will be up and running shortly. When we get more details, we will update this page with further information.

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