AlgonquinCollegeLogo Algonquin College
Home
Bursaries
Client Service Survey
Fee Deferment
Information
General Financial
Information
Information For Parents
OSAP Application Outline
OSAP Information
Registrar’s Office
Scholarships
Student Loans
   
Information Pamphlets - Part-Time Canada Student Loan Program

<< back to Information Pamphlets

  • 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 for Part-time Studies