Yesterday's federal budget announced a new Vanier Scholarship program, to award 500 prestigious scholarships worth up to $50,000 to top Canadian or International PhD students. The budget also promised a new one-stop national website to administer federal and provincial student loans, and a new $350 million Canada Student Grants program to replace the Canada Millennium Scholarship Foundation at the end of its mandate in 2009. The new CSGs will target low-income Canadians, and guarantee funding for the length of a student's program. The Canadian Alliance of Student Associations has expressed concern that the research agenda of CMSF may "fall through the cracks." Maclean's | Globe & Mail