Magnet – Magnet Student Work Placement Program (SWPP)

Description:

The Magnet Student Work Placement Program (SWPP) provides employers with wage subsidies to hire post-secondary students for paid work experiences. Students in turn benefit with quality work experience so they can secure employment in their chosen fields of study.

Comments on Funding:

Funding is a wage subsidy of up to $7,500 per placement.

Placements can be partially funded by non-federal (provincial, municipal, territorial) government funds provided these funds and the funds from the SWPP together do not exceed 100% of the gross wage paid to the student during the placemen

Eligibility:

Employer eligibility criteria:

  • Registered, Canadian business or not-for-profit;
  • Post-secondary institutions (universities, colleges and polytechnics) will be able to be the employer of record to offer meaningful placements to students.
  • Federal, Provincial, Territorial and Municipal Government does not qualify;
  • Financial institutions do not qualify.

Student eligibility criteria:

  • Registered as a domestic student in a recognized post-secondary institution.
  • Canadian citizens, permanent residents, or persons to whom refugee protection has been conferred under the Immigration and Refugee Protection Act.
  • Legally entitled to work in Canada in accordance with relevant provincial or territorial legislation and regulations.
  • Must have a work-integrated learning component within their study plan.
  • Undertaking a placement that is recognized as work-integrated learning in connection with a course, degree, certificate, diploma, or other recognized program offered by the institution. The placement can be required or optional, for credit or not for credit.
  • Graduate students (including Masters and PhD’s) are eligible.
  • Can be in a full or part-time program.
  • Can be from any program of study.

Other Things to Note:

Employer applications are now being accepted. They are currently accepting applications for Fall 2021.

Magnet is one of 17 SWPP delivery partners across Canada. 

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