In Alberta, there are two sources for student loans: Government of Canada and Government of Alberta. You only need to use one application. The decision to allocate funds from the two programs will be made for you. If you are eligible, you may receive both Canada and Alberta Student Loans and you will have multiple loan payments.
Canada Student Loan Program
The Canada Student Loan Program is administered by the province. The loans are interest free while the student attends a designated post-secondary institution full-time. Canada Student Loans are a financial agreement between an individual and the federal government and must be repaid within a defined period of time.
To qualify for funding through the Canada Student Loan Program, a student must be a Canadian citizen, a Permanent Resident (Landed Immigrant), or a Protected Person including Convention Refugees, as defined by the Immigration and Refugee Protection Act. However, you must apply for a Canada Student Loan through Student Aid Alberta.
Alberta Student Loan Program
This provincial program was implemented to supplement assistance available to post-secondary Alberta students under the Canada Student Loan Program. Loans are based on financial need and are interest free while the student attends a designated post-secondary institution full-time. Alberta Student Loans are a financial agreement between an individual and the Government of Alberta and must be repaid within a defined period of time.
Student Aid Alberta manages the program, processes the loan applications, determines student eligibility and provides funding. Information is available on the Alberta Student Aid website.
Registered Savings Plan
Funds from contributions to a RESP may be used to fund students attending CSBS&C. For more information on the Canada Revenue Agency website.
A limited number of part-time positions are available for students on campus.