The settlement includes a $10,000 individual compensation for each eligible Day Scholar who attended an IRS during the day only (but did not sleep there overnight) and was alive as of May 30, 2005. In cases where the Day Scholar died on or after May 30, 2005, their estate administrator, executor, trustee, liquidator, or if none is appointed, their highest priority heir, may be able to apply for compensation on their behalf.
The settlement also includes a $50 million Day Scholars Revitalization Fund to be used to support healing, wellness, education, language, culture, heritage, and commemoration for the benefit of the Survivor and Descendant Classes. The funds will be administered by a non-profit society that is independent of Canada and Class Counsel. Canada or Class Counsel will not make decisions on who receives funding through the Day Scholars Revitalization Fund.
Day Scholars and their children will be able to apply for grants to access the money in the Society. More information can be found in Schedule F.