The Reminder is making its archives back to 2003 available on our website. Please note that, due to technical limitations, archive articles are presented without the usual formatting.
The provincial government is helping to reduce student debt by pumping $10.5 million into the Manitoba Bursary loan remission program. The bursary is an annual loan remission program. Awards are applied against students' outstanding Manitoba student loan balances, basically reducing student debt for those who qualify. This year, eligible students will receive an average $2,830 reduction in their student loans. 'Like all parents, I know the difference that a university or college education can make for our kids,' said Advanced Education and Literacy Minister Erin Selby. 'That's why we've worked to expand grants, scholarships and bursaries, to put a good education in the reach of every young person. Today we're building on our progress by helping 3,700 more students by reducing their student loans.' The Manitoba Bursary remission program helps to 'alleviate students' anxieties about their future finances, such that they can better focus on their studies,' said Lloyd Axworthy, president and vice-chancellor of the University of Winnipeg. _ Compiled from a Government of Manitoba news release
