The Province of Manitoba announced today new funding and changes for the Manitoba Scholarship and Bursary Initiative (MSBI).

The provincial has increased funding to $6.75 million for 2017-18, which will result in up to $20 million in scholarships and bursaries going directly to students each year.

"We are giving more students the support they need to successfully complete their studies at Manitoba post-secondary institutions," said Education and Training Minister Ian Wishart in a release. "New investments from the Manitoba government, the private sector and the province's post-secondary institutions are making Manitoba a better place for students from all walks of life to study."

The minister announced that the initiative will be expanded to incorporate five new institutions including:

  • Manitoba Institute of Trade and Technology
  • Canadian Mennonite University
  • Booth University College
  • Providence University College
  • Steinbach Bible College

Until now, only students from these schools were eligible for bursaries through the initiative:

  • University of Manitoba
  • University of Winnipeg
  • Brandon University
  • Red River College
  • Assiniboine Community College
  • University College of the North
  • Université de Saint Boniface

"Working together, we can capture the generosity of Manitobans and build a brighter future not only for post-secondary students, but our province as a whole," said Wishart in the release.

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