We know this is a challenging time, and many students and families have been affected by the COVID-19 pandemic.

The information below outlines financial supports available. If you would like help developing a financial plan for this coming year or have general questions, please contact a Financial Aid Counsellor.  

If you are experiencing financial hardship, please contact a Financial Aid Counsellor

If you are a Richmond campus student experiencing financial need you can also contact your program coordinator or TWU-R Student Life to explore alternative financial support that may be available.

Student Loan Funding 

Students enrolled in eligible programs can apply for student loans to help pay for their post-secondary education. To support students during the COVID-19 pandemic, the federal government has recently announced an increase in grant funding (non-repayable), as well as an increase in the amount of loan funding for the 2020/21 school year. See the Government of Canada website for more details. 

Loans for Canadian Students 

Loans for American Students 

Loans for International Students 

Canadian Government Support Programs 

Both federal and provincial governments have programs in place to support students in a variety of ways, including emergency grants and summer employment opportunities. 

The information below outlines federal and provincial financial support for students and families to help navigate the impact of COVID-19. 

Canadian Emergency Student Benefit (CESB) - Provides temporary financial support from May to August for high school graduates, post-secondary students, and recent graduates. Available to Canadian citizens, permanent residents, protected persons, and those persons registered under the Indian Act.  

B.C. Emergency Benefit for Workers - Residents of British Columbia may be eligible for a one-time $1,000 payment to those whose ability to work has been affected due to COVID-19. 

Canada Emergency Relief Benefit (CERB) - Provides temporary financial support for eligible workers who have stopped working due to COVID-19. The CERB provides a taxable benefit of $2,000 every 4 weeks, up to 16 weeks. 

Canada Student Loan and Grant Program Enhancement - Eligibility for student financial assistance will be broadened, as well as increased levels of funding for loans and grants. This will in place for 2020/21 only. 

Student Loan Repayment Deferral - All Canadian student loan borrowers will automatically have their loan repayments and interest suspended until September 30, 2020. 

Canada Student Service Grant (New Program) - Provides financial support up to $5,000 to eligible post-secondary students for volunteering at Canadian not-for-profits during summer 2020.  

Canada Child Benefit - The government is providing up to an extra $300 per child through the Canada Child Benefit (CCB) for 2019-20. This benefit will be delivered as part of the scheduled CCB payment in May; no action is required for those already receiving the CCB. 

International Student Work Hours Extension for Essential Services - The restriction that allows international students to work a maximum of 20 hours a week while classes are in session has been lifted, provided that students are working in an essential service or function such as health care, critical infrastructure, or supply of food. 

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