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This is free money you can receive for school that you don't have to pay back.
What is a scholarship?
This is the money you borrow from the government to help pay for school, which you must pay back later.
What is a student loan?
This is a government program that helps students pay for school by letting them work part-time during the year.
What is a work-study program?
Money given to help pay for school expenses, like books, that you do not need to pay back.
What is a bursary?
A type of money that you do not need to pay back.
What is a grant?
This is the financial help given to students who come from low-income families and want to attend post-secondary school.
What is a bursary?
A program that helps you get a part-time job at your school to earn money while you study.
What is work-study?
A plan where parents can save money for their kids' education, and the government gives extra money.
What is an RESP?
The most money you can borrow from the government to pay for school each year.
What is the Canada Student Loan limit?
A loan for students who want to study outside of Canada.
What is a Foreign Studies Loan?
A tax break that helps lower your school costs (tuition and books).
What is the tuition tax credit?
A loan for students with disabilities to help pay for school.
What is a student loan for disabilities?
A loan for students who study part-time.
What is a part-time student loan?
A scholarship for students who do well when they first start school.
What is an entrance scholarship?
The most money you can borrow from the Canada Student Loan Program in one year.
What is the loan limit?
The program in Quebec that gives money to students based on family income.
What is AFE?
Money from the government to help pay for child care if you're a student with kids.
What is the child care expense deduction?
The most money the government adds to an RESP each year.
What is $500?
A loan you don’t have to pay back until after you finish school.
What is a deferred loan?
An account where your money grows tax-free, and you can use it for school.
What is a TFSA?
The place where you go to manage your student loan.
What is the National Student Loans Service Centre?
A program that helps forgive some student loans if you become a teacher.
What is the teacher loan forgiveness program?
A program that helps pay off loans if you work in small or rural areas.
What is the rural loan forgiveness program?
A plan to help you pay back your loan based on how much money you make.
What is the repayment assistance plan?
An account where your money grows tax-free, and you can use it for school.
What is a TFSA?