Although we’ve broken down a number of the procedure above, it will always be a good notion to read the information and knowledge

Although we’ve broken down a number of the procedure above, it will always be a good notion to read the information and knowledge

On the national federal government internet site. Think about the sites that are following

  • Pupil Financial Assistance
    • This is actually the very first line for info on federal figuratively speaking. You’ll find everything from eligibility demands to calculators that will help you see whether you’ll be likely to get that loan.
  • Pupil Aid Alberta ( or perhaps the comparable site from your province of residence)
    • This is actually the key to Alberta’s education loan system. If you should be an Alberta pupil, you’ll desire to invest some time being employed for this site as you’ll be using it to actively handle your loan.

Spending a student loan to your tuition

At Lethbridge university, whenever we confirm that you will be registered full-time we additionally request your tuition and charges be compensated to us straight from your own loan. Then we code your account which means you don’t need to worry about the tuition re re payment due date unless your loan is certainly not adequate to pay for your costs. Don’t anticipate that people shall get your loan cash ahead of the due date. Make sure to read your university e-mail for updates.

The part of your loan we request only covers your tuition and costs. You will be nevertheless in charge of extra expenses, such as for example:

  • Textbooks
  • Materials
  • Residence/laptops

What goes on if we fall below full-time status?

Dropping underneath the nine credit per regular term requirement can cause your loan to be terminated student that is. Your provincial workplace while the federal government’s pupil help workplace would be notified and any more capital will soon be stopped. Any relevant refunds will be gone back to your education loan loan provider to lessen your outstanding concept.

If you don’t reapply for a financial loan or register as being a full-time student within 6 months, you certainly will enter payment. (more…)

Continue Reading Although we’ve broken down a number of the procedure above, it will always be a good notion to read the information and knowledge