Canada Student Loans and Canada Study Grants for part-time studies are provided by the Government of Canada as part of its commitment to Canada Student Financial Assistance.
It is essential for you to select the financial means best suited to achieving your educational goals. Student loans are just one option to consider when deciding how to finance your education
Eligible part-time students can receive up to a cumulative amount of $4000. in total loan assistance.
You may also qualify for Canada Study Grants.
Apply for a Canada Student Loan through your provincial or territorial Student Financial Assistance Office.
Repayment on the principal amount of your loan begins six months after the completion of your studies, however, interest payments must be made while you are in school.
You may qualify for Interest Relief during your studies if your gross family income is below a certain level.
Visit the Loan Repayment Calculator on CanLearn (www.canlearn.ca) to understand the amount you will need to repay.
The Canada Student Loans Program offers a number of repayment assistance options if you are experiencing difficulty repaying your loan.
CanLearn (www.canlearn.ca) is your one-stop online source for post-secondary information in Canada. It includes everything you need to help plan and finance your education.
*Taken from the Canada Student Loans Program Brochure forPart-time Studies