What does CESB mean in CANADIAN
The Canadian Emergency Student Benefit (CESB) is a federal initiative designed to help post-secondary students meet their financial needs during the COVID-19 pandemic. The program provides eligible students with temporary support, in the form of a $1,250 per month taxable benefit, to help them stay in school and continue their education. With this benefit, students are able to continue their studies without worrying about paying for rent or groceries.
CESB meaning in Canadian in Regional
CESB mostly used in an acronym Canadian in Category Regional that means Canadian Emergency Student Benefit
Shorthand: CESB,
Full Form: Canadian Emergency Student Benefit
For more information of "Canadian Emergency Student Benefit", see the section below.
Essential Questions and Answers on Canadian Emergency Student Benefit in "REGIONAL»CANANDAPROVINCES"
What is the Canadian Emergency Student Benefit (CESB)?
The Canadian Emergency Student Benefit (CESB) provides eligible post-secondary students, recent post-secondary and high school graduates with $1,250 each month between May and August 2020.
Who is eligible to receive the CESB?
People who are eligible for the CESB are currently enrolled in a post-secondary institution and cannot work due to COVID-19, recently graduated from an educational program, or have been unable to find work due to COVID-19.
How does someone apply for the CESB?
People can apply online on the Government of Canada's website. You will need a Government of Canada My Account or your CRA login credentials from 2019 in order to do so.
When will I receive my benefit after applying?
Generally speaking, you should receive your benefit within 3 weeks of submitting your application. However, this timeline may vary depending on how many applications are received.
How much money will I receive each month through the CESB?
All successful applicants will receive $1,250 per month between May and August 2020. This payment is non-taxable.
Is there anything else offered besides financial support through the CESG?
Yes, there is additional support available including student loan repayment assistance and extended health benefits coverage. These can be found on the Government of Canada's website as well as your provincial or territorial Ministry or Department websites.
Can I still apply for financial aid during this time?
Yes! Financial aid programs that were available before May 1st 2020 remain unchanged and continue to be offered throughout these times. Students can also apply for emergency bursaries or other emergency measures funds in their province or territory if they feel they need further financial assistance beyond the CESB.
Can I still work while receiving benefits under this program?
Applicants who qualify for the benefit may continue working while receiving it but their earnings cannot exceed more than 50% of what they would make doing their regular job if they had not been affected by COVID 19 related restrictions.
Final Words:
CESB is an important initiative helping post-secondary students navigate through difficult times associated with the Covid-19 pandemic. The program offers much needed relief by providing additional financial assistance for those who qualify so they can focus less on worry of paying rent and more on continuing their education uninterrupted during these unprecedented times.
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