Feds promote increase in student grants in time for back to school
ETOBICOKE, Ont. — The federal government was out promoting an increase to its student grant program on Tuesday, but more changes are in store for the start of the 2017-2018 school year.
Science Minister Kirsty Duncan was at Humber College in Toronto Tuesday touting an increase in the grants program that amounts to $1.5 billion over five years, with $684 million budgeted for this year and next.
The increase means a 50 per cent increase in grants: up to $3,000 for low-income students and up to $1,200 a year for middle-income students.
The Liberals are helping to pay for the measure by eliminating the textbook tax credits the previous Conservative government introduced. That move is expected to save $550 million over the next two years.