Student Loans are provided by the Federal and Provincial Governments; Banks (example Bank of Montreal and Royal Bank); and other Financial Institutions.
Loans do need to be paid back, usually on a monthly installment as determined by the provider; starting about six months after the completion of a student’s program.
Are you considering applying for a student loan?
The StudentAidBC process has changed as of March 2018.
To receive student financial assistance, you must meet all of these basic eligibility criteria:
- be a Canadian citizen, a permanent resident or have protected person status
- have a valid Canadian social insurance number
- be a resident of British Columbia
- be pursuing full-time studies as your primary occupation
- be enrolled in an eligible program of study at an eligible post-secondary institution
- be able to demonstrate financial need
- make academic progress and achieve satisfactory scholastic standing in each period of post-secondary study
Applications open in June 2018. For full details visit:
StudentAid BC ~ 2018/2019 Program Year ~ Now Available
StudentAidBC assists with the cost of post-secondary education through student loans, grants, and scholarships. They also have programs that help with loan repayment.
Full-time applications for the StudentAid BC 2018/2019 Program Year for classes starting between August 1, 2018 and July 31, 2019 are now available.
Note that applications for part-time studies for the 2018/2019 Program Year will be available soon. For details visit: https://studentaidbc.ca/news/general/20182019-program-year
*Check the status of your application 24/7 with the automated system. Staff are available Monday to Friday 9:00am – 4:00pm PST. 1-800-561-1818
Student Aid B.C. : www.StudentAidBC.ca
Can Learn Canada: www.CanLearn.ca
Financial Aid for Students with Permanent Disabilities: http://www.aved.gov.bc.ca/adultspecialed/directory.htm
StudentAidBC Trades Programs Grant – This program provides grant funding to encourage eligible students to attend targeted high priority programs at eligible B.C. public post-secondary institutions. There is no need to apply. You will automatically be assessed for this grant when you apply for a student loan. You may be eligible if you:
-Qualify for StudentAid BC funding for the 2015/2016 program year
-Attend full-time studies in foundation or pre-apprentice programs (listed below in link);
-Enrol at an eligible B.C. public post-secondary institution.
For details visit: