Maximum funding limits - weekly
2008/2009 weekly maximums
If you have dependent children, you can receive up to $510 per week in combined loan and grant funding.
If you do not have dependent children,
you can receive up to
$320 per week of full-time study.
The total amount you receive is determined by the length of your study period.
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Not all students receive the maximum amount. |
Maximum funding limits - lifetime
The following table shows the maximum amount and duration of StudentAid BC funding and interest-free status that you can receive over your lifetime.
Funding type |
$ limit |
Time limit |
Canada student loan and/or interest-free status
First-time assistance Aug. 1, 1995, or later |
|
340 weeks (80 months) |
Assistance before Aug. 1, 1995 |
|
520 weeks |
Canada student loan (doctoral program of study) |
|
400 weeks (94 months) |
Assistance to students with permanent disability and/or interest-free status (Canada student loan) |
|
520 weeks |
|
|
|
B.C. student loan
Assistance Aug. 1, 2006, or later |
$50,000 |
520 weeks |
Assistance before Aug. 1, 2006 |
$35,000 |
520 weeks |
Interest-free status with assistance on or after Aug. 1, 2000 |
|
520 weeks |
Exceptions:
If you received StudentAid BC funding between Aug. 1, 2000, and July 31, 2006, you are eligible for either $35,000 in B.C. student loans (regardless of program length) or up to 496 weeks of interest-free status, whichever comes first. If you have received less than $35,000 in B.C. student loans by July 31, 2006, your StudentAid BC loan lifetime maximum is $50,000.
In certain circumstances, you can request a review for funding beyond the maximum lifetime limit for StudentAid BC loans. Contact StudentAid BC or your financial aid office for more information on how to appeal, or see appeal category 5 - B.C. student loan lifetime maximum.
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