The federal Government is supporting post-secondary students, and recent post-secondary and high school graduates through the $9 billion Canada Emergency Student Benefit (CESB).
The benefit supports those unable to find work due to COVID-19 and that do not qualify for the Canada Emergency Response Benefit (CERB) or Employment Insurance (EI).
How does the benefit work?
The CESB covers the period of May to August 2020 and provides a payment to eligible students of $1,250 for each four-week period, or $2,000 for each four-week period if the applicant has dependents or a disability.
Who is eligible?
Students and recent graduates that do not qualify for CERB and EI and are unable to find work can apply for the benefit. The CRA will verify eligibility and may request supporting documents.
How to apply
Students and recent graduates can apply to the program starting Friday, May 15. The deadline to apply is September 30, 2020 and applicants will need to reapply for each eligible four-week period.
As with other benefit programs, the Government is encouraging applicants to sign up for CRA MyAccount and direct deposit to expedite processing.
More information is available at: https://www.canada.ca/en/revenue-agency/services/benefits/emergency-student-benefit.html