Open
Source verified August 10, 2026
Magnet — Student Work Placement Program
Supports employers hiring post-secondary students
Latest source updateLast Update: April 2, 2026Latest change: The Student Work Placement Program has removed the enhanced $7,000 funding tier for under-represented groups, replacing it with a flat $5,000 maximum for all eligible placements.View change
Latest source update
Last Update: April 2, 2026
Latest change: The Student Work Placement Program has removed the enhanced $7,000 funding tier for under-represented groups, replacing it with a flat $5,000 maximum for all eligible placements.
SWPP Funding Restructured for Under-Represented Groups
The Student Work Placement Program has undergone a significant funding restructuring. The enhanced funding tier providing up to 70% of wages (maximum $7,000) for under-represented groups, including women in STEM, persons with disabilities, newcomers, Indigenous students, and visible minorities, has been removed. All placements now receive a flat maximum of 50% of wages up to $5,000, regardless of student background. This change affects the selection criteria and eligible expenses for employers seeking to maximize their funding. The program continues to operate on a first-come, first-served basis, with applications open for Summer 2026 (May 1 to August 31, 2026). Minor updates to partner organization links were also made, including a URL change for Culture Works Canada and an expanded name for FCCQ.
Funding available
$ 7,000
Deadline
Open continuously
Location
Canada
Overview
Magnet’s Student Work Placement Program helps Canadian employers hire post-secondary students with wage subsidies of up to 50% of wages, to a maximum of $5,000, across Canada. Eligible placements include co-op placements, internships, and field placements.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop workforce skills
Eligible Funding
- Maximum amount : 7,000 $
- Up to 70% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
- Non-profit
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Persons with Disabilities
- Newcomers to Canada
- Other Racialized Persons
- Canadians
- Youth (<40)
- Women
Non-profit candidates
Sector of operation
- Culture and Arts
Target groups
- Young adults
- Indigenous peoples
- New immigrants & refugees
- People with disabilities
- Women & girls
- Business owners / entrepreneurs
- Nonprofits / charities
- Academia / students
- Minority groups
Revenue structures
- All structures
Scope
- National
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Paid work-integrated learning placements aligned with the student’s post-secondary education program.
- Co-operative education, internships, and field placements.
Documents Needed
- First Employer Report (2-Week Touchpoint)
- First Student Report (2-Week Touchpoint)
- Proof of Student’s active student status
- End-of-SWP Employer survey and End-of-SWP Student survey
- Proof of total payment of wages to Student and Invoice for amount claimed
Official resources
Program guide
Eligibility
Who is eligible?
- Canadian private sector employers
- Not-for-profit employers
Who is not eligible
- Members of the House of Commons and the Senate
- Organizations that engage in partisan political activities
- Federal, Provincial, Territorial and Municipal Government, hospitals and public long-term care facilities, and Crown Corporations
- Post-Secondary Institutions (PSIs) and financial institutions
- Financial sector employers with 500 or more employees and non-secular institutions
Eligible expenses
- Wages paid to the student, including gross salary and Mandatory Employment Related Costs (MERCs).
Ineligible Costs and Activities
- Sub contracts and contractor positions.
- Trades and apprenticeships, including apprenticeships on the Red Seal Trades website.
- Clinical hours in healthcare and articling hours for lawyers.
- Placements filled by a business owner or an existing employee.
- Placements that fill a vacancy due to an industrial dispute, fill the position of a laid-off worker awaiting recall, or displace another worker.
Eligible geographic areas
- Canada
Selection criteria
- Applications are processed on a first-come, first-served basis, and completed applications are prioritized in the order they are received.
How to apply
- Apply through the Magnet SWPP online portal.
- Create a FREE Account.
- Log in with Outcome Campus Connect if you are using a partner login.
Processing and Agreement
- Your application will be reviewed, and you will be notified of the next steps within two weeks, depending on the volume of applications received.
- Funding is reimbursed after the placement ends and once all required documentation has been received and approved.
Additional information
- Magnet is one of 18 SWPP delivery partners across Canada.
Contacts
Availability timeline
2026
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Frequently Asked Questions about the Magnet — Student Work Placement Program Program
What is the Magnet — Student Work Placement Program?
Magnet’s Student Work Placement Program helps Canadian employers hire post-secondary students with wage subsidies of up to 50% of wages, to a maximum of $5,000, across Canada. Eligible placements include co-op placements, internships, and field placements.
How much funding can be received?
Magnet — Student Work Placement Program Funds up to 70% of admissible expenses, capped at $7,000 per project.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the Magnet — Student Work Placement Program program?
To be eligible for the Magnet — Student Work Placement Program program, you must:
The employer must provide a quality work-integrated learning experience aligned with the student’s post-secondary program.
The employer must have the financial capacity to pay the student for the full placement.
The employer must comply with applicable labour and human rights legislation.
What expenses are eligible under Magnet — Student Work Placement Program?
Paid work-integrated learning placements aligned with the student’s post-secondary education program.
Co-operative education, internships, and field placements.
Who can I contact for more information about the Magnet — Student Work Placement Program?
You can contact Magnet by email at swpp@magnetnetwork.ca.
Where is the Magnet — Student Work Placement Program available?
The Magnet — Student Work Placement Program program is available across Canada.