How the funding works?
The Government of Canada works with most provincial or territorial governments to offer student grants and loans. In all situations, you apply with your province or territory of residence. The amount you can receive is calculated when you apply.
British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Ontario, and Saskatchewan
– The Government of Canada and the provincial governments work together to provide integrated student grants and loans.
Alberta, Nova Scotia, and Prince Edward Island
– Canada Student Grants and Loans are available alongside provincial or territorial student aid.
Yukon
– Only Canada Student Grants and Loans and territorial grants are available.
Nunavut, the Northwest Territories, and Quebec
– Canada Student Grants and Loans are not available. These jurisdictions operate their own student aid programs.
(Source: Canada.ca)
How much you can get?
The amount you can receive depends on many factors, including:
- your province or territory of residence
- your family income
- if you have dependents
- your tuition fees and living expenses
- if you have a disability
To find out how much you might get in Canada Student Grants or Loans, use the federal student aid estimator.
To access the estimator, go to: www.canada.ca/en/services/benefits/education/student-aid/grants-loans.html
Know more: TheSEC
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