NS updates student assistance formula

The Government of Nova Scotia has updated the Nova Scotia Student Assistance program formula to align with the federal Canada Student Financial Assistance program to better reflect the financial pressures students are facing. The living allowance now uses information from the 2022 Canada Mortgage and Housing Corporation Rental Market Survey. The changes mean that some NS postsecondary students will receive increased funding from the province. “The enhanced living allowances for Nova Scotian students is a positive step in ensuring that students have access to financial support that accurately reflects the costs of housing during their studies,” said Students Nova Scotia Executive Director Georgia Saleski.

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