- Loan for part-time students
- Grant for part-time students
- Complete your application
Students must submit their application at least 8 weeks before their classes end.
Loan for part-time students
- A loan is an amount of money you get to help you pay for school.
- You must start repaying a loan when you stop going to school.
As a part-time student you must:
- be a Canadian citizen, permanent resident or a protected person;
- be a resident of a province or territory that issues Canada Student Financial Assistance;
- demonstrate financial need;
- be enrolled in a degree, diploma or technical program of at least 12 weeks of study at a designated educational institution; and
- be enrolled in a course load that is between 20 and 59% of a full course load (or less than 40% if you are a student with a persistent, prolonged or permanent disability).
How much loan funding can you get?
You may receive up to $10,000 in loans in your lifetime. Use the Student Financial Assistance Estimator to find out how much your loan could be.
When do you have to start repaying your loan?
6 months after you finished your studies.
How much interest will you pay on your loan?
Effective April 1, 2023, the Canada Student Financial Assistance Program eliminated interest on student loans. For more information, contact the National Student Loan Service Centre.
Grant for part-time students
A grant differs from a loan because:
- a student may qualify for 1 or more grants;
- grants do not have to be paid back; and
- a student may be eligible to get more than 1 grant at the same time.
When you apply for a Canada Student Financial Assistance (CSFA), you're automatically assessed whether you qualify for a grant.
You do not need to take out a loan to get a grant. But, you need to apply and qualify for a loan to get a grant. If you qualify for a loan of at least $1, then you can choose:
- not to take any loan; and
- to only receive the grant(s) for which you qualify.
Who can combine grants?
All Canada Student Grants can be combined with those available for students with permanent disabilities. Apply for a grant for a student with a persistent or prolonged disability.
Available grants for part-time students
Part-time students from low-income families
Up to $1,800 for each 8-month academic year. For example, from September to April.
Part-time students with dependents
- Students with up to 2 children under 12 years of age may be eligible for $40 per week of study.
- Students with 3 or more children may be eligible for $60 per week of study.
Find more information, including the low-income threshold for your family size at Canada Student Loans for Part-Time Students with Dependents.
Do you have to pay back your grant?
You only have to pay back a Canada Student Grant if you:
- received the grant in error; or
- withdraw from part-time studies.
Complete your application
Do not apply if you have fewer than 8 weeks before the end of your school year. Your loan will be cancelled if your classes end before your loan is deposited into your bank account.
Apply in the territory or province where you last lived for at least 12 months in a row. This does not include time spent in full-time post-secondary studies.
How to apply
- Register or log in to the online portal;
- Upload a program information form completed by an authorized post-secondary institution representative.
- Submit your completed application with the uploaded forms through the online portal.
You can appeal a Canada Student Loan/Grant decision
Find out how to appeal a loan or grant decision.
When will you receive your loan or grant money?
You'll receive the eligible funds when:
- You've been approved for a loan or grant.
- You’ve sent any required documents to the National Student Loans Service Centre (NSLSC).
- The NSLSC has confirmed your part-time enrolment with your institution.
- Your loan is deposited into your bank account:
- either on the first day of your study period; or
- once your full-time enrolment has been confirmed, whichever happens later.
Your institution may ask for some or all of your loan amount to go directly towards fees owing. If this happens, a lesser amount may be deposited into your bank account.
Note on system delays
We're experiencing delays with the new system, which are impacting assessment timelines for processing completed Canada Student Financial Assistance Loan and Grant applications by approximately 2 weeks. We're communicating directly with students who submitted applications with next steps to ensure a smooth start to the school year. We're also working with post-secondary institutions to request extended timelines for students to pay their fees.
We work one-on-one with students to address their needs and concerns. Students or parents can contact the Yukon Student Financial Assistance Office for assistance at any time:
- by email at email@example.com;
- by phone at 867-667-5929; or
- toll-free in the Yukon at 1-800-661-0408, extension 5929.
To contact the National Student Loans Service Centre, phone 1-888-815-4514.
If you have questions, email firstname.lastname@example.org or phone 867-667-5929, toll free in the Yukon 1-800-661-0408, extension 5929.