Loan Limits

lamp-papersHow Much You Can Borrow

Alberta and Canada student aid is calculated to help you meet the basic costs of learning and living. Because loans are investments you repay after you finish or leave your post-secondary studies, it is in your best interest to borrow only the money you need.

Annual Loan Limits

In Alberta, the 2014-15 Annual Loan Limit is $6,650 per semester. This includes the amount you may receive in Canada student loans. Students taking graduate or specific programs of study with additional costs may be eligible for higher loan limits.

Maximum Loan Limits for Full-time Students

The following table shows the maximum amount of Student Aid Alberta funding and interest-free status that you can receive over your lifetime. If you repay some or all of our loans, you may be eligible to recieve additional loans up to the maximum for your specific credential or program of study.

Undergraduate students $60,000
   
Graduate students  
Masters $75,000
MBA or PhD $95,000
   
Programs of Study with Additional Costs  
Chiropractic $95,000
Dental hygiene students $75,000
Dentistry $150,000
Law $95,000
Medicine $150,000
Optometry $95,000
Pharmacy students $75,000
Veterinary medicine $95,000

If you reach these Cumulative Loan Limits, you may still be eligible for Canada student loans.

Maximum Loan Limit for Part-Time Students

Part-time students may receive up to $10,000 in Canada student loans.