Provincial officials say it’s a way to help post-secondary students with the rising cost of living.
Gilmora Hall, St. FX University, home of St. FX University’s Music Department. (Ken Kingston photo)
About 11,000 students who receive Nova Scotia student assistance this academic year will receive a one time payment of $550.
The grant will not have to be repaid. The province says it will cost government $6.2 million, money that became available due to one-time savings within the student loan program.
Students don’t have to apply; the grant will be deposited automatically into the bank accounts of most eligible students in January.