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With the CESB coming to an end, the costs of school could prove to be too much for some students.
Colleges and universities made a sudden pivot to remote learning in March and most are preparing for an online semester in September.
Experts worry they could impact the quality of education and lead to the acceptance of fewer diverse applicants.
The CESB will give $1,250 a month to students impacted by COVID-19.
Justin Trudeau said help is on the way for students currently ineligible for the CERB.
"It's just been a very stressful time. But I think they are taking the right precautions."