COVID‑19 Financial Resources

Many Dalhousie students are facing unexpected financial challenges due to the impact of the Covid-19 pandemic. There are a variety of supports available to assist you during this uncertain time. There are also strategies that can help you adjust your budget and spending in order to alleviate some current financial stress.

Government Programs

• Student loans – for summer classes; also, payments on federal and provincial student loans have been suspended, without accruing interest, for 6 months.
  
  
• Employment Insurance – if you qualify for EI the wait to apply has been waived and you can apply as soon as you receive your Record of Employment (ROE).
  
  
• Canada Emergency Response Benefit (CERB) – provides those who have lost employment as a result of the COVID-19 pandemic and don’t qualify for EI with a taxable benefit of $2,000 a month for up to 4 months, if they have made at least $5,000 in employment income in 2019 or the previous 12 months and meet other eligibility criteria. See their webiste for more information and to apply. Open to international students as well as Canadian citizens and permanent residents. 
  
  
• Canada Emergency Student Benefit (CESB) – provides financial support to post-secondary students and recent post-secondary and high school graduates who are unable to find work due to COVID-19. This benefit is for students who do not qualify for the CERB or EI. From May to August 2020, the CESB provides a payment to eligible students of $1,250/month ($2,000/month if they have dependents or a disability) if they meet eligibility criteria. Open to Canadian citzens and permanent residents.
  
  
• Nova Scotia COVID-19 Worker Emergency Bridge Fund - those who have lost employment as a result of COVID-19 and don't qualify for EI may also be eligible for a one time $1,000 support payment. Check their website for eligibility critieria and application details.
  
  
• The Government of Nova Scotia announced a 3-month ban on evictions for those who have lost employment due to COVID-19. If this applies to you and you are facing eviction, contact Dalhousie Legal Aid to learn about your options.

Dalhousie Programs

• Summer undergraduate bursary program 
• Bursaries through the Faculty of Graduate Studies
• Law, Medicine, and Dentistry students should contact their Faculty office for bursary opportunities. 
• Dalhousie temporary loans
• Dalhousie Student Union funding opportunities
• DSU Food Bank

Community Supports

• NS 211 has links to services offered by local community and government organizations such as food banks, housing information, and other financial resources.
• Community food banks
• Credit Counselling of Atlantic Canada – Can help advise you on working with creditors and developing budgets.
• Contact Hazel Ling (hazel.ling@dal.ca) for further information on community-based supports.

Banks and other bills and expenses

• Check with your bank to see if you are eligible to defer loan or mortgage payments.
• Check with your credit card company to see if you have insurance on your card that will pay off a percentage of your balance if you have lost employment.
• Check with your utility companies like Nova Scotia Power and home fuel providers about changes in their policies to allow for more flexible payment timelines and grace periods for non-payment.

Adjusting your budget

• Consider which expenses are required, which you may be able to defer, and which you might be able to eliminate, even in the short term.
• Check out online budgeting tips and tools through the Financial Consumer Agency of Canada.
• Get creative! Learn more about ways to maximize your grocery purchases with budget cooking blogs, cookbooks, and coupon apps like Flipp.

Need further advising?

Visit dal.ca/moneymatters or email awards@dal.ca for information on scholarships, student loans, or to request a virtual appointment with an advisor.