Student Loans For Mature Students In Canada

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Grant for full-time students with dependants





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This grant is available to full-time students in financial need. You are automatically assessed when you apply for student aid with your province or territory.
If you are in school part-time, see grant for part-time students .
Note: This grant is not available to students from the Northwest Territories, Nunavut and Quebec . They have their own student aid programs.
You could be eligible for this grant if you apply and:
Until the end of the 2022 to 2023 school year, you could receive up to $6,000 per year or up to $750 per month of study. You can get this grant for each year of your undergraduate studies as long as you are still in school full-time. The school year runs from August 1 to July 31.
Note: If you have been out of high school for at least 10 years, you could receive $1,600 in Skills Boost funding. Eligibility is assessed when you apply for student aid.
Apply for student aid through your province or territory.



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Due to the coronavirus disease (COVID-19) outbreak, there are changes to this program.
The Canada Student Financial Assistance Program offers student grants and loans to full-time and part-time students. Grants and loans help students pay for their post-secondary education.
The amount you can receive depends on several factors, including:
The amount you can receive in grants and loans is calculated when you apply with your province or territory .
To find out if you can receive Canada Student Grants or Loans, use the federal student aid estimator. Note that this estimator doesn't take into account the provincial and territorial student grants and loans.
Your eligibility for all Canada Student Grants is assessed when you apply with your province or territory:
There are lifetime limits on the number of weeks you can receive student aid. This includes interest-free periods while you are in school. Once a lifetime limit has been reached, interest starts to accumulate. You will also have to start paying back the loan 6 months after you graduate or finish your studies.
Full-time students can receive student aid for no more than 340 weeks, except:
In addition to grants and loans you can contact your Registered Education Savings Plan (RESP) provider to withdraw funds to help pay for your studies. For more information, please visit RESP .

https://www.canada.ca/en/services/benefits/education/student-aid/grants-loans/full-time.html
https://www.canada.ca/en/services/benefits/education/student-aid/grants-loans.html
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