B.C. Finance Minister Carole James announced a new post-secondary grant during the revealing of the provincial government’s 2020 budget. (Tom Fletcher/News Staff)

B.C. Finance Minister Carole James announced a new post-secondary grant during the revealing of the provincial government’s 2020 budget. (Tom Fletcher/News Staff)

Budget 2020: B.C. unveils new grant for students, phases out debt-relief program

For the first time, diploma, certificate students qualify for yearly post-secondary grant

The B.C. government’s 2020 budget includes the first new post-secondary grant in 15 years.

The BC Access Grant will replace a series of debt-relief completion grants for students, the provincial government unveiled in its latest budget on Tuesday.

The new grant will offer $1,000 annually for “immediate support” for students in degree, diploma and certificate programs.

The provincial grant coincides with the Canada Access Grant, together offering up to $4,000 per year per student.

READ ALSO: 800 former youth in care are using B.C.’s free post-secondary tuition program

The expansive grant will be funded with reinvested money from completion grants, which provided roughly $3,400 per year on average to about 20,000 students in the highest-cost degree programs.

The province is investing an additional $24 million over three years into the new access grants, spread among more than 40,000 college and university students.

Recipients will qualify entirely on household income with a mission to open doors for low and middle income families. This follows the 2019 decision to eliminate interest on B.C. students’ loans and other post-secondary initiatives, including the free tuition for former youth in care.

Notably, the new grant also opens to doors to shorter programs – less than two years in length – as well as part-time students.

The government’s 2019-2020 budget includes a $203-million surplus with key changes including higher tax revenues and lower refundable tax credits.

READ ALSO: Students give two thumbs up to no more B.C. student loan interest



nina.grossman@blackpress.ca

Follow us on Instagram
Like us on Facebook and follow us on Twitter.

B.C. Budget 2020

Just Posted

Ron getting loose and sipping a glass of the family’s favourite greek amber spirit, Metaxa. (Photo supplied)
In Our Valley: Ron Lechner

Retired part-time singer and Rio Tinto lifer: Ron Lechner

Map of the road work that will be completed this summer. The streets highlighted in red are what the district planned on completing before additional funding, and the streets highlighted in orange is the road works that will be done with the additional funding. (District of Kitimat photo)
$1.1 million allocated for road work this year in Kitimat

Kitimat council has added $470,000 for more work by deferring four other projects.

Hirsch Creek Golf Course Volunteer, Augie Penner, talking about how he continues the tradition, set by Joe Atamchuck, to catch and release fry that keep spawning at the course. (Jacob Lubberts photo)
VIDEO: Kitimat golf course volunteers making moves for the fishlings

During the highwater season, salmon are known to lay their eggs in the ponds at the golf course

Ocean Wise’s cetacean photogrammetry research program uses aerial images collected by boat-launched drones to measure the body condition of whales. (Ocean Wise Marine Mammal License MML-18 photo)
LNG Canada commits $750K to whale research, conservation initiative

Ocean Wise education team will work alongside educational and Indigenous leaders in the area

The Sam Lindsay Aquatic Centre will be closed from June 28 until September 13 for annual facility maintenance as well as teach pool and decking repairs. (Black Press photo)
Sam Lindsay Aquatic Centre closed: June 28 – September 13

The aquatic centre will be closed for annual facility maintenance

People line up to get their COVID-19 vaccine at a vaccination centre, Thursday, June 10, 2021 in Montreal. THE CANADIAN PRESS/Ryan Remiorz
Vaccines, low COVID case counts increase Father’s Day hope, but risk is still there

Expert says people will have to do their own risk calculus before popping in on Papa

FILE – A science class at L.A. Matheson Secondary in Surrey, B.C. on March 12, 2021. (Lauren Collins/Surrey Now Leader)
Teachers’ union wants more COVID transmission data as B.C. prepares for back-to-school

BCTF says that details will be important as province works on plan for September

Provincial health officer Dr. Bonnie Henry outlines B.C.’s COVID-19 restart plan, May 25, 2021, including larger gatherings and a possible easing of mandatory masks on July 1. (B.C. government photo)
B.C. records 120 new COVID-19 cases, second vaccines accelerating

Lower Pfizer deliveries for early July, Moderna shipments up

A Heffley Creek peacock caught not one - but two - lifts on a logging truck this month. (Photo submitted)
Heffley Creek-area peacock hops logging trucks in search of love

Peacock hitched two lifts in the past month

The Calgary skyline is seen on Friday, Sept. 15, 2017. THE CANADIAN PRESS/Jeff McIntosh
2 deaths from COVID-19 Delta variant in Alberta, 1 patient was fully immunized

Kerry Williamson with Alberta Health Services says the patients likely acquired the virus in the hospital

B.C. Public Safety Minister Mike Farnworth and Attorney General David Eby attend opening of the first government-run B.C. Cannabis Store, Kamloops, Oct. 19, 2018. (B.C. government)
B.C. government to allow home cannabis delivery starting July 15

Added convenience expected to persuade buyers to ‘go legal’

The first suspension bridge is the tallest in Canada, with a second suspension bridge just below it. The two are connected by a trail that’s just over 1 km. (Claire Palmer photo)
PHOTOS: The highest suspension bridges in Canada just opened in B.C.

The Skybridge in Golden allows visitors to take in views standing at 130 and 80 metres

BC Green Party leader and Cowichan Valley MLA Sonia Furstenau introduced a petition to the provincial legislature on Thursday calling for the end of old-growth logging in the province. (File photo)
BC Green leader Furstenau introduces old-growth logging petition

Party calls for the end of old-growth logging as protests in Fairy Creek continue

B.C. Premier John Horgan leaves his office for a news conference in the legislature rose garden, June 3, 2020. (B.C. government photo)
B.C. premier roasted for office budget, taxing COVID-19 benefits

Youth addiction law that triggered election hasn’t appeared

Most Read