Apr 21, 2016 06:47 AM EDT By Maria, UniversityHerald Reporter

With Ontario's announcement of their decision to cover college tuition and expenses for students from families with income less than $50,000 for the school year 2017-18. New Brunswick has decided to follow the system. It is regarded as answered prayers by the students who have been asking for an inexpensive and beneficial tuition fee.

According to David Agnew, the President of Seneca College and Chair of Colleges Ontario, this results to economic changes pertaining to post-secondary education of college students. He also points out that it is not just beneficial for the students who are earning low-income but also for those students who are really committed to pursue college education.

As reported by the Globe and mail, if a student whose studying at the Ryerson University taking a four-year BS in English and currently staying with their parents with an income of almost $50,000 a year, they are considered under the system and would receive grants, loans, and tax credits, and still with a liability of almost $2,400 for a year. That event will change in the year 2017 as students were able to get a loan up to $2,500 a year.

College student who has a low-income can have only $500 in their loan a year. The province stated that they want to increase the percentage from low-income earners and disadvantaged groups who studied at some colleges and universities.

New Brunswick made an announcement last Thursday, April 14th, that they will give an outright monetary help to assist students from families having $60,000 or less annual income to pay for their tuition fees when they enroll in a public college or university in Brunswick. Premier Brian Gallant stated as quoted by CP24 he said, "We are doing this so university and college tuition can be free for low-income and many middle-class New Brunswick families. In recent years, enrollment in New Brunswick's public colleges and universities has dropped while tuition and public funding has increased. The new policy is aimed at reversing that pattern."

The goal of the program is to give financial assistance to the students to pay for their basic education needs such as books, ancillary fees and few living expenses. There would be around $3000 more to be given to the students qualified for the program and this is to support them with other costs of living expenses.

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