International Student Grants 2024-2025 [Study-In-Canada] - NewBalancejobs
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International Student Grants 2024-2025 [Study-In-Canada]

Study-In-Canada: International Student Grants 2024-2025

The Government of Canada offers various grants and loans for domestic and international students pursuing their studies in Canada. These financial assistance programs are accessible to students enrolled in both full-time and part-time courses. International students can utilize these resources to further their education and career opportunities in Canada.

The full cost of a degree in Canada includes not only tuition fees but also accommodation and living expenses. It’s crucial to budget for these costs in advance and ensure you have sufficient savings or funding to support yourself throughout your studies. You should plan to have approximately USD $16,538-21,874 to cover both tuition fees and living expenses while studying. The Government of Canada Grants and Loan program can be valuable in helping to cover these costs.

There are many reasons for Canada’s popularity with international postgraduates. It’s not just that Canadian universities are desirably found on the top list of international rankings; the typical cost of studying a Masters in Canada is also cheaper than in many other English-speaking countries.

Scholarships are typically based on merit, while grants and bursaries usually take financial need into consideration as well. Scholarships, grants, and bursaries are types of financial assistance that you don’t have to pay back. Some grants and bursaries are also based on academic achievement, athletic skill, extra-curricular involvement, or special abilities.

Read Also: 8 Steps for Writing and Accessing a Research Grant with Ease

Student Grant for Full-time Studies

When you apply for a grant, you are automatically assessed for eligibility for loans and grants. To be eligible for the Canada Student Grant for Full-Time Students, you must:

* Apply for student loans, and have $1 of assessed federal financial need.

* You should also be pursuing full-time studies leading to an undergraduate degree, certificate, or diploma in a program that is more than one year in length at a designated school.

* Declare your family size. ( if applicable).

Grants Available for International Students

University of Canada West entrance awards, scholarships, and grants are available to new students applying to a UCW undergraduate or graduate program.

You can receive only ONE award, scholarship or grant, and one continuing student award if eligible. Review the conditions of each option carefully and supply ALL of the required supporting documentation for the grants for which you wish to be considered. A limited number of grant will be available each term.

Awards will be applied to your tuition, at UCW on a prorated basis throughout the duration of the award. In other words, the award will be credited to your tuition each term based on the number of courses in which you register OR as indicated in the specific requirements and conditions of the award.

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The value of a grant will not be more than the value of your tuition. The maximum awarded value for transfer students will be prorated based on the number of credits required to complete your degree.

There are grants provided by other universities for international students such as the Alberta Student Aid and grants from the Canada Student Loans Program.

Canadian Government Grants

The Government Scholarships Programs offers student grants and loans to full-time and part-time students. Grants and loans help students pay for their post-secondary education. Here is how to apply for these loans;

  • apply for grants and loans in one application, directly with your residence location.
  • you don’t need to repay grants you receive
  • you may be eligible for more than 1 type of grant – when you apply, they will assess your eligibility for all available grants.

To enhance your eligibility, refer to: Steps for Writing and Accessing a Research Grant with Ease

Application Requirements for a Student Grants

You could be eligible for a student grant in Canada if your application satisfies these requirements:

  • Have a financial need.
  • Are a full-time student in a qualified program at a designated school.
  • Your total family income is less than the income threshold.
  • Be a permanent resident of a province or territory in which the Canada Student Loans system is offered.
  • Be studying on a full-time or part-time basis at a recognized university.
  • Demonstrate financial need. Amounts for Canada Student Loans are calculated using need-based criteria. The amount you can borrow will take into account your economic circumstances and background.
  • Pass a credit check if you are over 22 and have not previously taken out a Canada Student Loan.

Payment of loan installments in successive years of your program may also depend on your making satisfactory academic progress.

List of federal student grants

Your eligibility for all Canada Student Grants are assessed when you apply with your territory:

  • Grant for part-time students with dependents
  • Services and Equipment for Students with Permanent Disabilities