Student Resources

Reg.: Schedule 2, s. 8(1)(d)

Student Contribution

Canada

Alberta

 

Exempt for the 2020-21 loan year

 

$1,500 Flat Rate (on first application of loan year)

·       Single parents, recipients of Assured Income for the Severely Handicapped, and recipients of Income Support have a $0 flat rate student contribution.

 

Upon request for reconsideration, students may be eligible to have a $0 flat rate contribution if they:

·       are receiving Canada Pension Plan Disability Benefits, or

·       were in receipt of Income Support anytime during their pre-study period (the four months prior to beginning their current study period).

 

Spouse/Partner Contribution

Canada

Alberta

 

Exempt for the 2020-21 loan year

 

Exempt

 

Monthly Resources

Parental Contribution

Canada

Alberta

For dependent students, there is an expected weekly contribution based on parental income and family size. The weekly parental contribution is divided by the number of dependants attending post-secondary studies.

 

Students can refer to the Parental Contribution Calculator on the Government of Canada’s website to determine the expected amount of parental contribution.

No expected parental contribution.

 

Voluntary parental contributions that a student reports will be fully included as part of the resources available to the student.

 

Registered Education Savings Plans (RESPs) are used as a voluntary parental contribution.


Exception (Canada calculation only)
:

The expected federal parental contribution may be waived if parents cannot afford to contribute because they are experiencing:

  • significant financial loss (e.g., job loss, retirement, reduced income), or
  • short-term financial difficulties (e.g., drought for a farming family).

Appropriate documentation should be provided – for example, a letter from the parent(s) and a parental statement of monthly expenses and monthly net earnings.

With appropriate documentation, other exceptional parental expenses may be considered to reduce the income that is used to calculate expected parental contribution. The amount of expenses considered will not usually exceed $10,000 per year. Examples of these expenses include:

  • wedding, funeral, or legal expenses
  • house or vehicle repairs
  • tuition and fees costs for one of the parents.

A waiver of expected parental contribution will be reviewed yearly.

Student and Spouse/Partner Alimony or Child Maintenance and Care Support

Canada

Alberta

Exempt

Actual amounts received.

 

If payments are irregular, students may report the average monthly amount received over the last 12 months.

Student Employment Insurance (EI Benefits)

Canada

Alberta

Exempt

Exempt

 

Students who qualify for EI benefits and wish to receive EI benefits while attending school must be approved by Alberta Community and Social Services (CSS) before their studies begin. Some students may not be eligible to continue receiving their EI benefits while attending school. Apprentices do not need to seek approval from CSS and are eligible to continue to receive EI benefits while attending technical training.

Visit an Alberta Supports or Alberta Works Centre or call the Alberta Supports Contact Centre for information on what students will need to do to continue to receive EI benefits while in school.

To ensure coordination of funding, Alberta Student Aid will share with Alberta Community and Social Services information on students who report EI benefits on the Application for Financial Assistance for Full-Time Post-Secondary Studies. Information shared include SIN, name, contact information, educational institution and program of study information, and study period start and end dates.

Student Assured Income for the Severely Handicapped (AISH)

Canada

Alberta

Exempt

Actual amounts received.

 

The Alberta eligibility assessment is done for any student in receipt of Assured Income for the Severely Handicapped (AISH) but with no requirement for a student contribution.

 

If the Alberta eligibility calculated need results in no award or an award less than the costs of tuition, mandatory fees, and books/supplies/instruments, an Alberta Student Loan may be issued to cover those educational costs.

Student Alberta Works Income Support Benefits

Canada

Alberta

Exempt

Actual amounts received.

 

The provincial eligibility assessment is done for any student in receipt of Income Support but with no requirement for a student contribution.

Student Indigenous Services Canada

Canada

Alberta

Exempt

Actual amounts received.

Report funding provided by Indigenous Services Canada through the Post-Secondary Student Support Program (PSSSP), the Métis Nation Post-Secondary Education Strategy, or the Inuit Post-Secondary Education Strategy.

Student Income from Other Sources

Canada

Alberta

Exempt

Actual amounts received.


Some examples of ‘other income’ to be reported include:

  • pensions,
    • Do not include income from the Canada Pension Plan (CPP) Death Benefit, CPP Disabled Contributor’s Child Benefit, and the CPP Surviving Child’s Benefit
  • rental property income
  • business income.

Students must report all monthly income that has not been reported elsewhere on the application and is not exempt. Refer to Resources Not to be Reported on Application section below for further information on resources that do not need to be reported.