News release

Student Aid Discussion Paper Released

Students, universities, community colleges, private career colleges and all Nova Scotians are being asked to help shape Nova Scotia's position on student aid issues, now being discussed by all provinces with the federal government. A discussion paper, Student Assistance in the New Millennium, is being released and regional meetings are scheduled. This is the first public consultation on student assistance issues in Nova Scotia in the history of the program.

The provinces and federal government are moving to a single, harmonized loan program by the year 2000. One program means less paperwork and confusion for students. New federal programs such as the Canada Millennium Scholarships, tax credits, increased interest relief, and a new debt reduction program are also prompting national discussion on a range of student aid issues.

"Qualified students must continue to have access to the loan assistance they need," Education and Culture Minister Wayne Gaudet said. "We want to hear from students, parents, universities, colleges and others to ensure policy changes, here and federally, reflect the views and needs of Nova Scotians." The involvement of banks is another reason to consult students and schools on clear policies to keep the loan program fair, accessible and affordable said Mr. Gaudet. "We also need timely, relevant information on university and college programs so students can make informed decisions," he said.

Students also have a responsibility, Mr. Gaudet said. "When students borrow money, it is with the understanding that it must be repaid. This is the only way to keep the program affordable for taxpayers and sustainable for future students."

It is also in the best interest of students and the program to keep loans to a minimum. The discussion paper asks questions about how the loan program may be able to reduce student debt loads and help students complete their program successfully in the minimum amount of time.

Copies of the discussion paper are available at the Nova Scotia Government Bookstore and on the Department of Education and Culture website www.ednet.ns.ca/educ/student/ . Written responses are requested by April 30.

Student leaders from across the province are invited to a meeting in Halifax in late March. Three regional meetings are also scheduled -- one in Kentville on April 13, one in Halifax on April 14, and one in Sydney on April 16.