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Some Canadian students can get an extra $150 a month from the government
A new benefit allows thousands of Canadian students to receive extra cash from the government every month this year.On Wednesday, Minister of Seniors Joanne Thompson announced new benefits available for part-time students whose parents are disabled or deceased and contributed to the Canada Pension Plan (CPP).As of January 1, 2025, eligible part-time students aged 18 to 24 will receive 50 per cent of the amount paid by the CPP to full-time students.This is a monthly flat rate of $150.89 in 2025 for part-time students who qualify for the benefit. Students must show a minimum school attendance threshold to be eligible for the extra cash."The rising costs of living are affecting us all. No child should have to choose between caring for their parents and going to school," said Thompson in a statement. "By regularly evaluating the impact of the CPP on Canadians, we are taking the needs of students seriously and providing them with the tools they need to have a secure future."CPP chil...
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