New benefit cheque coming to some residents in Canada

A new benefit could give struggling students a boost in Canada.

The federal government announced the benefit for students this week.

Part-time students whose parents are disabled or deceased and contributed to the Canada Pension Plan could be eligible, Canada’s Minister of Seniors Joanne Thompson announced.

The eligible part-time students between 18 to 24 years old will receive a monthly flat rate of $150.89 for 2025, Thompson said.

Eligible full-time students are already receiving a similar benefit. For 2025, full-time students could get the flat rate of $301.77.

Part-time students will need to show a minimum school attendance threshold to qualify for the new benefit.

CPP children’s benefits are there to provide financial support to dependent children under the age of 18 that would normally be provided by their disabled or deceased parent.

For children aged 18 to 24, these benefits help cover some of the cost of their education. It is estimated that this new benefit will immediately help 6,712 beneficiaries in 2025, Thompson said.

“The rising costs of living are affecting us all. No child should have to choose between caring for their parents and going to school,” said Thompson. “By regularly evaluating the impact of the CPP on Canadians, we are taking the needs of students seriously and providing them with the tools they need to have a secure future.”

For more information and to apply, see the website here.