Office of the Premier

$2,000 grants established, parental contribution requirements eliminated (06/10/06)

NB 1238

Oct. 6, 2006

MONCTON (CNB) -The government has approved a new program to provide a $2,000 grant to every first-year university student from New Brunswick attending university in the province, Premier Shawn Graham announced today.

The premier released details at the Université de Moncton campus. He was joined by Post-Secondary Education, Training and Labour Minister Edward Doherty, as well as Student Federation representatives.

"I committed to the creation of this new program on Day One of our mandate, and on Day One our cabinet met and approved the creation of these grants," Graham said. "Building the best education system in the country is one of the key priorities of government. The creation of these new grants will allow more young New Brunswickers to achieve their dream of higher education."

Doherty confirmed that officials would work with universities to determine the mechanism to deliver these grants.

"We will work in co-operation with the universities to ensure the most effective delivery of these grants to students," Doherty said. "We are anticipating the first grants will be awarded early in the new year."

Graham and Doherty also announced the removal of parental and spousal contribution income in student loans assessments effective September 2007.

"An educated workforce will be vital in putting our province on the road to self-sufficiency," Graham said. "Today's announcement removes some of the roadblocks to higher education for young New Brunswickers."

06/10/06

MEDIA CONTACT: Marie-Andrée Bolduc, Office of the Premier, 506-444-2286.

06/10/06