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Client Communication:

Canada Emergency Student Benefit (CESB)

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May 14, 2020

Applications open May 15, 2020 via CRA My Account.

IMPORTANT: Sign up for direct deposit through your Financial Institution to get funds faster!

Log into your bank account and you will see a banner to enroll for direct deposit from the Canada Revenue Agency).

For students who expect to complete high school between June 7 to December 31, 2020 – you are eligible for 2 periods only (July 5 to August 1 and August 2 to August 29).

https://www.canada.ca/en/revenue-agency/services/benefits/emergency-student-benefit/cesb-how-apply.html

Benefit:

  • The payment will be $1,250/month or $2,000/month with dependents or if you have a disability
  • will be made in respect of 4-week periods (May/ June/ July/ August) Deadline: Must apply by September 30, 2020

Deadline: Must apply by September 30, 2020

Conditions:

  1. Must have met one of these three conditions:
    • been enrolled, at any time between December 1, 2019 and August 31, 2020, in a post-secondary educational program that leads to a degree, diploma or certificate;
    • graduated from secondary school in 2020, has applied for enrollment in such a post-secondary educational program that is scheduled to begin before February 1, 2021 and plans to enroll in the program if their application is accepted; or
    • is a member of a class of persons that is prescribed by regulation.
  2. For reasons related to COVID-19 and whether as an employee or in self-employment, they are unable to work, are seeking work and unable to find it, or are working but are paid less $1,000, during the four-week period for which they apply for the benefit
  3. They cannot receive any employment or self-employment income over $1,000, EI benefits, CERB, maternity/paternity benefits, or other prescribed income.

No interest is payable on any amount owing as a result of an erroneous payment or overpayment.

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