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Canada Student Loans Program for Part-time Studies
Part-time Study
The Canada Student Loans Program for Part-time Studies is available for part-time students to help with educational costs such as tuition, books, transportation and child care.
Part-time students with up to two dependent children under the age of 12 may be eligible for $40 per week of study.
Part-time students with three or more children under the age of 12 may be eligible for $60 per week of study.
Deadline dates for part-time student loan applications are strictly enforced. Refer to the "Focus on Your Future" program guide or on-line at www.studentloan.pe.ca for more program details.
Canada Student Loans Program for Part-time Studies
- Type of assistance: Federal loan program repayable with interest.
- Maximum assistance: Students cannot have an outstanding part-time student loan in excess of $10,000 at any one time.
- To be eligible for the Part-time Student Loan students must: be enrolled in between 20% and 59% of a full-time course load.
- Start of Repayment: Interest payments begin 1 month after a student's loan is finalized, so interest payments will begin while the student is attending classes. Full repayment (principal and interest) starts 6 months after study end date. Students may be able to access the Federal Interest Relief Program to defer interest payments. For more information about the Federal Interest Relief Program contact CanLearn Interactive website.
Other Loans
Related Forms
- Part-time Student Loan and/or Canada Study Grant Application
- Demand de prêt et/ou de bourse pour étudiants à temps partiel
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