You can receive a mix of loans and grants from both Alberta and Canada. How much you get depends on your financial and academic situation.


Overview

When you submit an application for part-time student aid, you’re automatically considered to receive:

Using the information you give us on your application, Student Aid calculates how much you can get from each source. We base our calculations on the policies set by both Alberta and Canada.

Learn more about the details of the two sources of student aid.


Part-time loans

Student loans help you pay for tuition, fees, books and living expenses. Student loans are like any other loan: you eventually need to pay them back.

Part-time students only qualify for Canada student loans, whereas full-time students may also get Alberta student loans.

Student loans are interest-free while you’re in school, and you don’t need to start paying them back until 6 months after you leave school. If you have a full-time Canada student loan and you are continuing your studies part-time, interest will be charged on your full-time Canada loans.

Who can get part-time loans?

Loans are for students enrolled in certificate, diploma, undergraduate and graduate programs at designated post-secondary institutions.

Eligibility for loans depends on financial need, resources and other factors.

How much money can I get?

You can have a maximum of $10,000 owing in part-time Canada student loan. If you make a payment, you can receive additional part-time Canada loan up to the $10,000 limit again.


Part-time grants

Grants are free money, which can also help cover your educational costs. Grants don’t have to be repaid unless your eligibility changes.

Who can get part-time grants?

Grants are for students with high financial need and/or lower family income, students with permanent disabilities, and students with other special circumstances.

You’re automatically considered for grants based on the information you provide on your application.

List of part-time grants

Below is a list of all the grants part-time students are automatically considered for.

If you qualify for a grant, Student Aid tells you in your award letter.

To estimate how much money you’ll get, use the Student Financial Assistance Estimator.

Grant

Value

Who it’s for

Alberta Part-time Grant

Up to $600/semester

Students who are not eligible for the Canada Student Grant for Part-time Studies.

Canada Student Grant for Part-time Studies

Up to $3,600/year

Students whose yearly income is below the threshold set by the Canada Student Grant for Part-time Students with Dependants

*this grant has been increased from $1800 to $3600 per loan year to support students during the COVID-19 pandemic

Canada Student Grant for Part-time Students with Dependants

Up to $3,840/year

Students with dependants under the age of 12, or 18 and with a permanent disability

*this grant has been increased from $1920 to $3840 per loan year to support students during the COVID-19 pandemic

Canada Student Grant for Students with Permanent Disabilities

$4,000/year

Students with permanent disabilities

*this grant has been increased from $2000 to $4000 per loan year to support students during the COVID-19 pandemic

Canada Student Grant for Services and Equipment for Students with Permanent Disabilities

Up to $20,000/year

Students with permanent disabilities who need financial support for services and equipment

How much you get from each source depends on your income and family size. To be eligible your family’s income must be equal to or below the income threshold established for each source.

Pages B and C of the part-time application form contain more details about part-time funding sources.

Learn more about part-time eligibility.

Losing grant money if your situation changes

There are circumstances where you have to pay back some or all of your grant money. This is called grant overpayment.

This happens when your living or education situation changes and you are no longer eligible for the grant. In this case, Student Aid converts the money into a loan.

  • If you withdraw from classes within 30 days of your start date all your grant money will be converted to a loan 
  • If you withdraw from classes more than 30 days after your start date Student Aid will determine how much of your grant money will be converted to a loan.

Grant overpayments can also happen if:

  • you contact Student Aid to report a change in your personal information that reduces your financial eligibility.
  • you fill in your application incorrectly.