Student Loans

Apply early!

Student loans are a popular option for funding your education but there are several things to keep in mind to ensure you secure the financial support in a timely fashion:

  • Make no assumptions about eligibility. Many students are misinformed and fail to take advantage of loans when they are indeed eligible.
  • Apply early (current student loan applications are usually available in June). To ensure funding is in place by September apply by June 30.
  • Funds are not actually transferred to your account until after classes have begun so ensure you have a plan in place to pay for textbooks and supplies.
  • If your loan funding is likely to be late, speak to us in Student Financial Aid about options available to you.

If you apply late (after August 1st for Alberta and July 15th for most other province), the time from application to actually receiving funds is longer because of the volume of applications being processed by governments later in their cycle. In this case, we strongly suggest you put interim or short term financing in place until your government loan funding arrives. (We may be able to provide a deferral of your tuition costs. We are unable, however, to provide for the larger expenses such as accommodation, living and book costs).

Student Loan Repayment Webinar

Are you a recent grad with student loans to payback? Some students find the repayment process a bit overwhelming. Click here for frequently asked questions, or find an informative video through the button below to learn all you need to know on how to start the repayment process.

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