Inflation Update for Student Assistance
The draft Regulation to amend the Regulation respecting financial assistance for education expenses in Quebec introduces several key updates primarily aimed at increasing the indexed financial amounts used in calculating student financial assistance. These amendments reflect a regular adjustment process designed to ensure that financial assistance thresholds keep pace with inflation and cost-of-living increases. The updated amounts affect a broad range of provisions, including exemptions, allowable expenses, and maximum loan amounts granted per academic year under the Act respecting financial assistance for education expenses.
The draft Regulation modifies numerous specific monetary figures cited throughout the existing regulatory framework. Section 2 and Section 9 see the replacement of the amount $1,715 with $1,764, indicating a modest increase in basic allowance figures. In Section 17, financial values rise from $3,625 to $3,728 and from $3,078 to $3,166, while Section 18 also reflects the $3,166 figure, demonstrating a consistent upward revision in allowable expenses for certain student categories.
The Regulation continues to adjust specific living or educational expense allocations in subsequent sections. Section 26 increases the figure from $332 to $341, and Section 29 includes several itemized updates: for instance, $225 becomes $231 in subparagraphs 1 and 2, $256 becomes $263 in subparagraph 3, $487 is increased to $501, $557 becomes $573, and again, $256 becomes $263, highlighting a granular approach to revising expense limits across varied categories.
Section 32 receives multiple updates, with values rising from $632 and $1,348 to $650 and $1,387, respectively, in the first paragraph. The second paragraph raises values from $355 to $365, from $1,071 to $1,102, and changes each instance of $277 to $285. These numbers represent updated cost-of-living estimates likely applied to dependent allowances or specific cost components related to student support.
Other adjustments follow suit: Section 33’s first and second paragraphs increase from $205 to $211 and from $566 to $582, respectively. Section 34 adjusts from $575 and $2,678 to $591 and $2,754, likely to reflect updated tuition or cost-of-living benchmarks. Section 35 sees a smaller increase from $116 to $119, and Section 37 adjusts from $302 to $311.
Section 40 makes two adjustments: $88 becomes $91 and $707 becomes $727, while Section 41 updates $224 to $230. More significant increases are found in Section 50, where $17,545 is changed to $18,045 and $21,714 to $22,422, reflecting income thresholds for assessing eligibility or contributions.
In summary, this draft Regulation proposes a comprehensive suite of inflation-based increases to dozens of financial thresholds and allowances used in Quebec’s student financial aid system. These changes are designed to maintain the program’s relevance and adequacy in supporting students as educational costs evolve.
Quebec (Draft) July 7, 2025
Disclaimer: Insights are for informational purposes only and do not reflect RRI’s official position or constitute legal opinion.
