Grande Prairie Regional College

Government Student Loans

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Please note: Target date for 2012-13 Alberta Student Loan applications will be mid-June, both online and paper.

The federal and provincial/territorial governments provide student loan and grant assistance for Canadian citizens and permanent residents studying at the post-secondary level. The funding is offered in the form of repayable loans and non-repayable grants and is issued to students if they have demonstrated financial need. These loans are interest free while you are a full-time student.

How to Apply
Students must apply to their province/territory of residency and only one application is required to access both the federal and provincial funding. Your province of residency is defined as the last province you have lived in for twelve full months without being a full-time student. Student loan applications are usually available in May or June of each year and students should apply early to ensure that their loans will be processed before the school year commences.

Estimate of Costs for Loan Purposes

Download 2011-2012 Estimated Loan Program Costs 2011-2012 Estimated Loan Program Costs (100K)
Adobe Acrobat Document

We encourage you to bring your loan application in for us to review before it is sent in. We can also send it out for you via government courier free of charge!

CanLearn - a one stop online source for information on post-secondary education in Canada. This website includes student loan information, budgeting tools and a financial need calculator.

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Newfoundland
Nova Scotia
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Northwest Territories
Yukon Territory
Nunavut Territory

Cashing Your Student Loan
Once you receive your loan documents and have them confirmed by the school, Canada Student Loans may be taken directly to a designated postal outlet that will forward your loans to your lender. Please check the CanLearn website for a list of designated postal outlets. Once you have negotiated your student loan, you must contact your lenders regarding repayment and maintaining interest-free status.