Grant for Students from Low-income Families
Am I eligible?
You are eligible if you:
- apply and qualify for a Canada Student Loan;
- are from a low-income family as defined by the Canada Student Loans Program; and
- are enrolled in a full-time in a multi-year program that is at least two years in duration (minimum 60 weeks) at a designated post-secondary institution.
- $250 per month of study for up to $3,000 per academic year (August 1 to July 31).
- This grant is available for each year of undergraduate studies, provided you continue to meet the eligibility criteria.
- Grant money is issued by your province or territory of permanent residence at the beginning and middle of the school year.
Since grant amounts are fixed, the amount you receive may exceed your assessed need:
- Example A—If you qualify for the grant and you have an assessed need of $1,400, you will receive a $2,000 grant (assuming you study for eight months). In this case, the grant would cover your assessed need and you would not need a student loan.
- Example B—If you qualify for the grant and you have an assessed need of $3,000, you will receive a $2,000 grant (assuming you study for eight months), and you will be eligible for a $1,000 student loan.
How do I apply?
Your eligibility for the grant is assessed automatically when you apply and qualify for a Canada Student Loan through your province or territory of permanent residence. Visit How to Obtain Government Student Loans for information about applying for a loan.