Home Breadcrumb caret Economy Breadcrumb caret Economic Indicators Feds announce monthly payments for post-secondary students The $9-billion aid package will see students receive monthly payments of $1,250 through August By The Canadian Press | April 22, 2020 | Last updated on April 22, 2020 1 min read © raw pixel / 123RF Stock Photo Prime Minister Justin Trudeau is promising a new emergency benefit for students whose education and job prospects are disrupted by Covid-19. He says a $1,250 monthly payment is coming for post-secondary students, running through August, to make up for lost work and cut hours. The benefit can increase to $1,750 for people with disabilities or who care for others. Trudeau also says students will soon be eligible to receive monthly payments of between $1,000 and $5,000 for volunteering in their communities to reward them for their efforts. These benefits are intended to target support at young people who have fallen through the cracks of other emergency relief programs. Trudeau says these measures and others, such as increased education grants and an expanded government-supported job program, will total $9 billion. The Canadian Press The Canadian Press is a national news agency headquartered in Toronto and founded in 1917. Save Stroke 1 Print Group 8 Share LI logo