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Posts Tagged "canadian students"


Canada student loan

Sunday, December 16, 2007 | No Comments

The Canada Student Loans Program provides loans and grants to Canadian students who wish to attend a University, College, Trade School, or Vocational School in Canada.

What is the eligibility for these Canadian loans?

To be eligible for a Canada Student Loan, for further studies, the following criteria has to be satisfied,

  1. You mst be a canadian citizen, a permanent resident of Canada or a protected person which may include refugees.
  2. You should be able to demonstrate financial need.
  3. You should be enrolled for a full course load or a part time course which has to be a degree, diploma, or certificate program at least 12 weeks in length at a recognized educational institution.Your scholastic standard should be above par.
  4. You should be able to pass a credit check if you are 22 years of age or older and applying for a Canada loan.
  5. For each type of program, students are eligible for student loans for the amount of time it would take to normally take to finish the study and acquire a degree, plus one extension. In other words, if it should usually take five years to complete a Dental degree, a student may receive student loans for five years, plus one additional year.
  6. Some provinces may have additional eligibility requirements and documentation. To check whether you can receive a Canadian Student Loan, contact the Provincial or Territorial Student Assistance Office in your province or territory of residence.

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