McMaster University launches Student Relief Fund
April 27, 2020 at 09:00 am
In response to the financial insecurity wrought by the global Covid-19 pandemic, McMaster has established the Student Relief Fund to provide immediate financial assistance to domestic and international students. Funds can assist with students studying abroad, caring for dependents, quarantine accommodations, food, rent, and utilities. Funds will be provided to aid with Student Services is offering online chat on weekdays from 10 AM to 3 PM. To determine eligibility for emergency supports and offer other financial aid advice, Student Services assesses each student’s unique circumstance and financial situation – funding is determined on a case by case basis. McMaster University and the McCall MacBain Foundation are matching up to $100,000 of donations towards the Student Relief Fund. There is no application deadline nor end date for the funding. For more information on obtaining assistance, click here.
In addition, pending approval from the Student Representative Assembly, the McMaster Students Union will contribute an additional $10,000 towards the MSU funded Emergency Student Bursary. The MSU’s Board of Directors remains in frequent communication with University officials as the organization continues to support students.
In an effort to better aid Canadians, Prime Minister Justin Trudeau announced a series of supports for students and new graduates. The Canada Emergency Student Benefit will provide support for students and new graduates who are not eligible for the Canada Emergency Response Benefit. From May to August 2020, eligible students can receive $1,250 per month or $1,750 per month for eligible students with dependents or disabilities. In addition, students who choose to participate in national service and serve their communities will receive up to $5,000 for their education in the fall under the new Canada Student Service Grant. For further information on increased student grants, enhanced loans, other financial assistance, and increased research support, click here.
Moreover, Canada Summer Jobs (CSJ) has expanded the eligibility criteria in which up to 100% of a students’ income can be subsidized, encouraging businesses to hire students on a part-time basis, and extending the end date for employment to February 28, 2021. Though this update is more relevant to businesses and employers, students should continue to apply for positions as some places will be able to hire as a result of this update to CSJ. Click here for more information. The Government of Canada has pledged to create up to 116,000 jobs, placements, and other training opportunities to help students secure employment and develop skills during the coming months.
To keep up to date with announcements from McMaster, click here.
For more information, please contact:
Vice President (Education)