The Manitoba government is expanding its scholarship and bursary funding program, and will match money raised by post-secondary institutions for scholarships and bursaries this year, Premier Brian Pallister announced Wednesday.
The provincial program, announced in 2016, previously saw the province add one dollar to the scholarship and bursary fund for every two dollars raised by universities and colleges.
The program will now match dollar-for-dollar, Pallister said.
“It is a challenge for post-secondary institutions anytime to raise money for scholarships and bursaries. With the economy with the present state it’s in, we expect that these challenges will not be less,” he said at a Wednesday afternoon news conference.
“We want to make sure that we’re taking steps to lessen the burden on our post-secondary institutions during this pandemic.
“At the same time, we want to make sure that the scholarships and bursaries are available for those who need them, when they need them.”
The province is also allotting $15 million to the Manitoba Scholarship and Bursary Initiative this fiscal year, Pallister said.
Originally, $10 million was the amount earmarked in the 2020-21 budget.
“Students are the future of our province. We are giving them greater financial support because we believe it’s important to help stimulate our economy now and move the province forward in the future,” the premier said.
“Our young people and our students will have a very, very important role to play and their success will be an important part of our recovery.”
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