The Government of Canada is providing aid measures to post-secondary students and recent graduates who are ineligible for the Canada Emergency Response Benefit (CERB) or for Employment Insurance, but who are unable to find full-time employment or are unable to work due to COVID-19.
The Canada Emergency Student Benefit (CESB) will provide $1,250 per month for eligible students from May through August 2020, and $2,000 per month to students with dependents and those with permanent disabilities.
The application period for CESB began on Friday, May 15, 2020. Similar to the CERB distribution, students can use Canadian credit unions/financial institutions to register for direct deposit. This will create a convenient and secure way for students to receive CEBS payments.