The Ontario government is increasing financial aid for students affected by the closure of Everest College, including the school in Windsor.
The provincial government is spending another $7.6-million, on top of the $3-million already available through the Training Completion Assurance Fund set up by Everest College. The money will help students finish their education at nearby institutions without paying additional tuition.
Students who can not or chose not to complete their training will receive a refund.
The province is also limiting student debt by making the Ontario Student Opportunity Grant available to students. For a two-year academic year, OSAP debt is limited to $7,300 for a two-term academic year or $10,950 for three terms. Students who opt for a refund can still receive debt relief, and the application is available online.
A release from the Ministry of Colleges, Universities and Training says it's matched 86% of Everest College students with an alternate training option, and work continues to match the remaining 14%.
