Government Increases Support for 2023-24 Alberta Student Grant

News Staff - Thu Jul 06, 2023

The University of Alberta Students' Union (UASU) joins with the University of Alberta in welcoming increased investment in the Alberta Student Grant for Full-Time Students (ASG-FT).

At the University of Alberta alone, this increase will benefit 3,570 undergraduates and represents an investment of roughly $9.6 million. This allocation will help many students to overcome significant financial barriers and focus on their studies.

"This change prioritizes students' needs and our success in higher education," said UASU President Christian Fotang. “We look forward to working with the government to ensure financial aid is accessible, efficient, and fair. With Alberta's university-age population rising by up to 40% over the next decade, this is a crucial time to ensure affordability and predictability for students in need. We're excited to see more commitments like this in years to come."

For the 2023-24 academic year, eligible students will receive up to $5,100 in non-repayable funding, with monthly support payments increased from $250 to $425 per month. Alberta Student Grant eligibility will be automatically assessed for students applying for student loans, eliminating the need for a separate application.

"We know that many students have been struggling with the increased cost of living and inflationary pressures,” said University of Alberta President and Vice-Chancellor Bill Flanagan, “so we applaud the government's additional investment in the Alberta Student Grant. This increase will help reduce some of the financial barriers students face so that they can focus on their education and on their future – and that’s a smart investment for the long-term success of our province."

About the University of Alberta Students’ Union

The UASU is the official representative of 35,000 undergraduate students at the University of Alberta. It advocates for students’ needs and priorities to the University of Alberta and at all levels of government.

For more information or to arrange an interview, please contact:

Chris Beasley

Vice President External

University of Alberta Students’ Union

chris.beasley@su.ualberta.ca

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