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flag Canada extends 40% boost to student grants and raises loan limits for 2026-27, but a proposed cut to grants may increase financial need.

flag The Canadian government has extended temporary financial aid increases for the 2026-27 academic year, maintaining a 40% boost to non-repayable Canada Student Grants for full-time, part-time, disabled, and dependent students, benefiting about 571,000 individuals. flag The Canada Student Loan limit has also risen from $210 to $300 per week, supporting roughly 422,000 students with interest-free loans. flag These measures, part of a nearly $1.2 billion investment, aim to improve affordability and access to post-secondary education. flag Meanwhile, a separate proposal seeks to reduce annual grants from $4,200 to $3,000 starting July 2026, which could impact up to 70% of families and increase unmet financial need.

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