Newsletter COVID-19 08/04/2020

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IMPORTANT : UPDATE TO GOVERNMENT FINANCIAL ASSISTANCE MEASURES

CANADA EMERGENCY RESPONSE BENEFIT

During this COVID-19 pandemic, you may be eligible for the Canadian Emergency Response Benefit, if you live in Canada and have a valid social insurance number. International students who are neither Canadian citizens nor permanent residents may be eligible for the Benefit if they meet the criteria below.

Here is the new link to apply for the Canadian Emergency Response Benefit:
https://www.canada.ca/fr/services/prestations/ae/pcusc-application/confirmation.html

  • April 6 will be reserved for people born in January, February and March.
  • On April 7, it will be the turn of those born in April, May and June.
  • On April 8, Canadians born in July, August or September will be able to register.
  • On April 9, those born in October, November and December will have access.
  • Then, from April 10 to 12, people who have not applied for the agreed day will be able to register.

 

To be eligible to receive the Canada Emergency Response Benefit (CERB) from Service Canada, the following must apply:

  • You must reside in Canada
  • You are 15 years of age or older at the time of application
  • You have stopped or will stop working for reasons related to COVID-19, or because you are unable to work due to illness, or because you lost your employment for other reasons beyond your control; and
    • If you are submitting for the first time, that you have stopped or will stop working for reasons related to COVID-19 for at least 14 consecutive days within the 4 week benefit period
    • If you are filing for a subsequent period and did not return to work since your previous claim, you did not receive any employment or self employment income since collecting the benefit and do not expect to receive any employment or self employment income within the 4 week benefit period
    • If you are filing for a subsequent period after having returned to work between periods, that you have stopped or will stop working for reasons related to COVID-19 for at least 14 consecutive days within the 4 week benefit period
  • You have not quit your job voluntarily
  • You are not receiving nor have you applied for the CERB from the Canada Revenue Agency
  • You are not receiving Employment Insurance benefits for the same benefit period
  • You have earned a minimum of $5,000 in income within the last 12 months or in the 2019 calendar year from either:
    • Employment income
    • Self-employment income 

REPAYMENT OF A GOVERNMENT STUDENT LOAN

Due to COVID-19, the government is postponing its student loan debt repayment, which means that you will have no payments to make during the next six months. In addition, no interest will be calculated or added to your loan debt.

There is nothing you need to do. The measure automatically applies to all Aide financière aux études clients, including those whose accounts are in collection.

Please contact your financial institution if you wish to begin or continue to pay down your debt. Here are other options available to you:

Repayment of a Student Debt
When the time comes to begin repaying your student loan debt, you must conclude a repayment agreement with your financial institution. Do not forget that you always remain responsible for repaying your loans.

Deferred Payment Plan
This program allows you to repay your student loan debt in accordance with your capacity to pay if you are in a precarious financial situation. The period of time covered by this plan is usually six months.

Loan Remission Program
Your student loan debt could be reduced by 15 % if you complete your program within the prescribed period of time. Eligibility conditions apply.

For more information on repayment of your student loan, visit:
https://www.quebec.ca/en/education/student-financial-assistance/repayment/

 

You can email us at:
[email protected]

For more information
http://quebec.ca/coronavirus

Assistance line:
1-877-644-4545

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