MB launches Student Aid Provisions Order

April 30, 2020

The Government of Manitoba has implemented a measure that will allow students to remain eligible for financial aid during the state of emergency period. The Student Aid Provisions Order allows postsecondary students to remain eligible for aid, even if they temporarily stop qualifying during the state of emergency period. The provision also lowers the minimum monthly repayment from $25 to $0, suspends the obligation for a student to start paying back their loan eight months after they end their studies, prevents borrowers from going into default during the state of emergency period, and extends the maximum term for repayment. MB (MB)