Student Loans

British Columbia student loans

• This loan is subsidized by the provincial government. It is issued in the form of a master B.C. student loan agreement.
• Interest will be paid by the provincial government while you are attending school full time.
• Repayment will begin six months after your studies end.

To be eligible for provincial assistance, you must first be eligible for a Canada student loan.

Canada student loans

This loan is subsidized by the federal government. It is issued in the form of a Schedule 1, also known as a certificate of eligibility.

• Interest will be paid by the federal government while you are attending school full time.
• Maximum assistance is 60 per cent of total funding, up to $210 per week of study.
• You must be enrolled in at least 60 per cent (40 per cent for students with permanent disabilities) of a full-time course load.
• Repayment will begin six months after your studies end.

Information is also available on the Human Resources and Social Development Canada website at http://www.hrsdc.gc.ca/en/hip/cslp/cslp.shtml .

Part-time Canada student loans

If you are studying part-time at a designated post-secondary institution and your family income falls below a set limit, you may be eligible for the federal part-time student loan program.

Need assessment for part-time students is different than for full-time students. The part-time student loan program pays for tuition, books, supplies, transportation and child care.

The part-time student loan program does not cover living costs.

For more information, see how to apply - part-time students