Improving Albertans' quality of life
August 1, 2007
Province helps students earn while they learn
Changes to Income Supports training benefits help thousands of students
Edmonton... Starting September 1, changes to training benefits will help thousands of full-time students receiving income support earn more money while they are attending training programs.
"Allowing students to earn more while they learn will be welcome news for students receiving training through the Alberta Works program," said Iris Evans, Minister of Employment, Immigration and Industry. "Both the increased bursary amounts and the unlimited earning potential will help students by providing more resources that ultimately encourage them to successfully complete their program, while remaining connected to the labour market."
The changes will increase accessibility to full and part-time training by increasing the amount of money students have available to help them meet expenses.
Once qualified for Alberta Works training, a student's employment income will no longer be a factor in determining their benefit rate. This change will allow thousands of students to supplement their monthly income through work, if they so choose. There are about 20,000 students receiving financial assistance through Alberta Works to attend school in the province.
Other changes include increasing bursaries for part-time students from a maximum of $3,600 to $5,000 per academic year.
As well, households with part-time students may have up to $5,000 in liquid assets and still remain eligible for part-time training benefits. Previously a student was not eligible for financial assistance if their household had liquid assets more than the amount of the training benefits requested.
The cost of implementing these changes is estimated at $3.2 million. This year, the province will invest almost $300 million to support employment and training programs for Albertans.
Enhancing Alberta's income support programs is part of Premier Ed Stelmach's plan to improve Albertans' quality of life. Other priorities for the government are to manage growth pressures, govern with integrity and transparency, build a stronger Alberta and provide safe and secure communities.
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