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What are your allowable expenses?
Your Allowable Expenses
Tuition and Student Fees Student Financial Services verifies this information with the educational institution you are attending.
Books and Supplies Student Financial Services verifies this information with your educational institution and it is based on your program of study.
Return Travel Allowance Your return travel allowance is based on the province/territory your education institution is in. Your return travel allowance is for one full academic year.
PE NB/NS NL QC ON MB/SK AB/BC YT/NT $250 $500 $1,000 $900 $1,000 $1,100 $1,200 $1,200
Computer-Related Costs Students can now claim up to a maximum of $300 dollars towards computer-related costs each academic year.
Living Allowance based on allowances provided by the federal government and your province of study. Your living allowance includes your rent, food, electricity, telephone, local transportation and miscellaneous spending.
Weekly Living Allowances - Standard weekly living allowances ensure that everyone, in similar circumstances, who applies for a loan is on the same playing field. Weekly living allowances do not include tuition, books, supplies or other education-related costs.
PEI Student Financial Services uses the maximum weekly living allowances in the calculation of need. This does not mean that all applicants will be awarded these amounts for living costs. The following are the PEI Living Allowances.
PEI Weekly Living Allowances
Single student living at home $101per week Single student living away from home $201per week Single parent $260per week Married student and spouse $400per week Allowance per dependant $104per week
Living allowances are based on a moderate standard of living and may vary according to the province in which you reside while attending school.
Weekly Living Allowance by Province
Accommodations NB NS NL QC ON MB SK AB BC YT NT NU Single student living at home $94 $97 $89 $95 $98 $100 $100 $108 $103 $109 $110 $113 Single student living away from home $197 $206 $194 $204 $238 $210 $211 $227 $248 $243 $289 $297 Single parent student $264 $273 $260 $259 $308 $257 $272 $281 $316 $336 $378 $389 Married student and spouse $393 $413 $387 $371 $456 $405 $410 $436 $490 $485 $531 $546 Allowance per dependant $99 $100 $89 $104 $126 $117 $106 $119 $133 $111 $148 $153
If you are a single dependent student, and your parents live in the same city where you are attending classes, you will automatically be assessed at the at home costs, when determining your need.
Living allowances for single students living away from home are based on shared accommodations.
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This information has been taken from website "Innovation and Advanced Learning"