Students welcome promise of largest boost to non-repayable student grants in recent history



    OTTAWA, Sept. 17 /CNW Telbec/ - The Canadian Alliance of Student
Associations welcomes the pledge by the Liberal party of an estimated
$25 billion to post-secondary education support. The plan, announced this
morning at the University of Western Ontario, has vowed to nearly triple the
amount of non-repayable student grants provided by the federal government each
year, from $350 million to $1 billion. This represents the largest funding
increase to student grant assistance in recent history.
    "CASA believes the measures proposed by the Liberal Party will help
students and families cope with the accelerated costs of education," said Zach
Churchill, National Director of the Canadian Alliance of Student Associations.
"The proposed plan, if implemented, can significantly enhance access to
post-secondary education system, by providing funding to students who need it
the most, while helping to lower the epidemic growth of student debt in this
country."

    
    The plan promises:

    - A guaranteed universal education grant of $1000 for each full-time
      student in Canada each year
    - 200,000 needs-based grants
    - 100,000 grants to promote access for underrepresented students
    - A pledge to reduce interest rates on federal student loans to prime +
      0.5%
    - More funding for graduate students
    

    "As CASA has stated before, Canadians know that our continued prosperity
hinges on our ability to graduate enough students from university, college,
and technical programs to meet the job demands produced by our economy,"
continued Churchill.
    CASA will continue to call on the other parties in this election to
create progressive solutions designed to increase the participation rates of
Canadians who are currently underrepresented in the post-secondary system,
while sustaining students currently in the system by reducing the amount of
debt incurred in pursuit of a post-secondary credential.

    The Canadian Alliance of Student Associations (CASA) is a non-partisan,
not-for-profit national student organization composed of 23 student
associations, representing 300,000 students from coast to coast.




For further information:

For further information: Jillian Flake, Public Relations and
Communications Officer CASA, (613) 236-3457 ext. 224, (c) (613) 868-6605,
casacomm@casa.ca

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Canadian Alliance of Student Associations

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FEDERAL ELECTION 2008

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