Liberals plan to increase student grant funding by 50 per cent

 

On Monday, Liberal Leader Justin Trudeau announced a plan that he says would make post-secondary education more affordable.

Trudeau promised to boost Canada Student Grants for full-time students by 50 per cent to $3,000 a year, $1,800 for part-time students, and make it easier for more students from “middle-class families” to qualify for Canada Student Grants.

Liberal leader Justin Trudeau unveils the party's platform on Wednesday (Courtesy Twitter)

Liberal leader Justin Trudeau unveils the party’s platform (Courtesy Twitter)

He unveiled the last few points of the Liberal party’s platform in an 88-page plan to a cheering crowd of students at Wilfrid Laurier University in Waterloo, Ont.

Trudeau described the importance of students to the Canadian economy.

“We have a plan to provide direct support to students from low- and middle-income families, so that they can pay for a good education and keep their debt at a manageable level,” he said.

He also emphasized the struggle for middle-class families trying to save for their children’s education, taking aim at the Conservatives and their leader, Stephen Harper.

“The federal government spends billions every year on non-refundable tax credits that don’t offer direct help for students when they need it,” Trudeau said.

He added that a Liberal government would make the student loan repayment process more flexible by allowing students to wait to start repaying until they earn at least $25,000 per year.

The Liberal party also wants to invest $50 million in additional annual funding to the Post-Secondary Student Support program to help indigenous students get a post-secondary education.

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