Maximum funding limits - weekly
2011/2012 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 (non-doctoral) |
|
340 weeks (80 months) |
Canada student loan (doctoral) |
|
400 weeks (94 months) |
Canada student loan (persons with permanent disabilities or received loans prior to August 1,1995) |
|
520 weeks (120 months) |
B.C. student loan (non-doctoral) |
$50,000 |
340 weeks (80 months) |
B.C. student loan (doctoral) |
$50,000 |
400 weeks (94 months) |
B.C. student loan (persons with permanent disabilities) |
$50,000 |
520 weeks (120 months) |
Canada and B.C. interest-free loan (non-doctoral) |
|
340 weeks (80 months) |
Canada and B.C. interest-free loan (doctoral) |
|
400 weeks (94 months) |
Canada and B.C. interest-free loan (persons with permanent disabilities or received loans prior to August 1, 1995) |
|
520 weeks (120 months) |
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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