Heading to school in the fall, but need a little help? The 2019-20 student loan year is now underway. Students can submit their applications for student financial assistance for academic programs beginning on or after August 1.
Updates to the Canada-Saskatchewan Integrated Loan Program include:
- As of 2019, students must apply for a student loan in order to be assessed for the Saskatchewan Advantage Scholarship;
- Students can request grants-only funding (money that you do not need to pay back) and decline the loans portion (money you must pay back);
- The Skills Boost top up to the Canada Student Grant for Full-Time Students provides $1,600 per year ($200 per month of an eight-month school year) in additional grant money for full-time students who have been out of high school for at least 10 years;
- There is no fixed student contribution for Indigenous students, students with permanent disabilities, students with children and students who are, or were, Crown wards.
Did you know that loans and grants can be used to pay for more than just tuition? Students can use this money for living expenses such as rent, food, transportation, and child care.
Students are encouraged to apply early (two months before the program start date). Both full-time and part-time students can apply for financial assistance.
More information on Saskatchewan student loans can be found online, or by calling 1-800-597-8278.