NS releases details on student-loan investment

May 1, 2012

Yesterday the Nova Scotia government fleshed out details on the $5.5-million investment in student aid the province announced in its 2012 budget. The government has used the funding to increase the weekly assistance allowance to $170 per week and increase the non-repayable grant portion of a student loan to 35%. The funding builds on last year's investment of $42.5 million that included the province's first debt cap, increases to the book allowance, more exemptions for in-study earnings, and keeping tuition for NS students at or below the Canadian average. NS News Release