Financial Aid Across Canada
Across Canada, students can apply for various grants and loans at both the federal and provincial level. The Canada Student Financial Assistance Program offers grants and loans to both full-time and part-time students to pursue post-secondary education. Recall from the chapter, Unpacking Financial Aid, that grants don’t need to be paid back, but loans must be paid back. A majority of the territorial and provincial governments in Canada uphold the program. The amount of financial aid given to students depends on several factors, such as residence, family income, dependents (i.e., children), tuition costs, living expenses, and whether the student has a disability. Each province and territory funds students differently. It’s important to know that lifetime limits exist on how long a student may receive financial aid. For a comprehensive view of this program, see the Canada Student Grants and Loans page on the Government of Canada’s website.
These resources are also helpful:
- What Student Grants and Loans Offer / Federal Student Aid Estimator
- Canada Student Grants
- Canada Student Loans
- Canada Student Scholarships
- Canada Student Bursaries
This section will give you a starting point on how to fund your post-secondary education from resources within your province or territory. See the following provinces and territories, listed in alphabetical order, to get started.
How to Cite this Chapter Using APA Style
*Nusselder, F., *Burrows, H. M. R., Giovannangeli, A. J., Armstrong, A. M., & Xu, Y. (2024). Financial aid across Canada. In Pay for post-secondary: A student’s guide for securing financial aid. Queen’s University, eCampus Ontario. Licensed under CC BY-NC-SA 4.0. https://ecampusontario.pressbooks.pub/payforpostsecondary/part/financial-aid-across-canada/
*denotes equal contributions as first authors
Money awarded to a person (or organization) by the government or a private organization for a special purpose. This can be to pay for post-secondary or to conduct research, and it does not need to be paid back.
An amount of money that is borrowed and has to be paid back, usually with interest.
Students who are taking a 60% or more of a full course load.
Students taking 59% or less of a full course load.
Funds from the government, private organizations, and/or an educational institution to help students pay for their schooling.