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.