CMSF announces $120 million in student bursaries

March 25, 2008

The Canada Millennium Scholarship Foundation has announced the distribution of 35,000 bursaries valued at a total of $120 million.  The Foundation is the "largest distributor of non-repayable need-based aid in the country," though it will soon be replaced by new initiatives when its mandate ends in 2009.  Quebec students received just under $93 million of the awards announced, representing approximately 77%.  $160 million in bursaries was also announced this past November.  CMSF News Release