Canada Student Loan Application

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Canada Student Loan Application

Money is available for school by filling out a Canada student loan application and can help you pay for schooling in Canada. Government loan programs are available to help pay for post secondary education for students enrolled at least half time. The government run program began in 1964 and has been successfully loaning money to students for school ever since.

Decide how to pay for school first

Before filling out a Canada student loan application, consider how you plan on paying for your schooling. Think about things such as the school you plan on attending, it's cost of attendance, where you will be living and how long you plan on being in school. It's very important that you determine how much you need even before you fill out a Canada student loan application.

How do I apply?

You start by filling out a Canada student loan application. Typically the application is available at your schools financial aid office. The process has become much simpler in the recent years and different provinces have teamed up to offer one single Canada student loan application for all available benefits. In some cases, you may also qualify for grants or other financial assistance. However, Canada is in the middle of streamlining their Canada student loan application to make it more accessible for students to understand what money they are eligible for.

How much will I qualify for?

Canada has a great program not only for loans but for study grants as well. You must first fill out the Canada student loan application to apply. Grants are available to low income students and they focus on giving the money to people that need it the most. A separate application is required and must be completed and turned in after your initial loan application.