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New Brunswick Student Loan. Up to $200 per week of study. Canada Student Grant for Full-Time Students. $525* per month of study. Canada Student Grant for Full-Time Students with Dependants. $280* per month of study per child. Canada Student Grant for Students with Disabilities. $2,800* per academic year, if applicable.
- Please read our latest notices
- How the funding works
- How much you can get
- List of federal student grants
- Maximum lifetime limit for student aid
- Registered Education Savings Plan
•Budget 2023: Important announcements for student aid
•What student grants and loans offer
•Apply with your province or territory
•Loan agreement
The Canada Student Financial Assistance Program offers grants and loans to full-time and part-time students to help pay for their post-secondary education.
•Apply with 1 application, through your province or territory of residence
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.
More detail on how the funding works
“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.
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
Your eligibility for Canada Student Grants is calculated when you apply with your province or territory.
•Grant for full-time students
•Grant for part-time students
•Grant for full-time students with dependants
•Grant for part-time students with dependants
•Grant for students with disabilities
There are lifetime limits on the number of weeks you can receive student aid. This includes any payment-free or interest-free periods while you are in school. You also have to start paying back your loan 6 months after you graduate or finish your studies.
Full-time students can receive student aid for a maximum of 340 weeks, except:
•students enrolled in doctoral studies can receive student aid for up to 400 weeks
•students with a disability may receive up to 520 weeks of educational assistance
In addition to grants and loans you can use funds from your Registered Education Savings Plan (RESP) to help pay for your studies.
Submit a Level 1: Request for Reconsideration if: Your living and/or education costs have changed. For example: Your rent is higher than expected. You drop a course, and so now your tuition costs are lower. Your income or your spouse’s/partner’s income (line 15000) either increases or decreases. Your academic, family, or personal situation ...
How much you could receive. Until the end of the 2024 to 2025 school year, you could receive up to $4,200 per year or up to $525 per month of study. You can get this grant for each year of your undergraduate studies as long as you are still in school full-time. The school year runs from August 1 to July 31.
After being informed about the amount of their student loan and grant, 80% of new applicants indicated they were confident they would have enough money to cover their education and living expenses. However, 16% of new applicants were not very confident and 4% not at all confident they would have enough money to cover their expenses.
The Student Aid Estimator shows the amount of federal student aid you could receive from the Canada Student Financial Assistance Program. The actual grant and loan amounts are determined once you apply through your provincial student aid office. Canada Student Grants and Loans are not available in the province and territories listed below.
People also ask
Do new student loan applicants have enough money?
Do students qualify for student loans and grants?
Are student loans and grants adequate?
How do I apply for a Canada student loan?
Should student grants be offered alongside student loans?
Can I get a student aid grant if I'm still in school?
Step 1: Begin application. Apply for a Canada Student Grant and Loan online through the student financial assistance site of your province or territory of permanent residence: Ontario, British Columbia, Saskatchewan, New Brunswick or Newfoundland and Labrador. You may be eligible to receive a combination of federal and provincial student grants ...
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