Types of Funding

Types of Repayable Funding

Funding totals are assessed by an examination of what resources you have available to your and what your total costs are for the school year.
Essentially, the formula is: Allowable Expenses - Resources = Assistance Amount

The maximum loan amounts you can borrow are: - Canada Student Loan: $210 per week - Nova Scotia Student Loan: $150 per week - Total Student Loan funding for 34 weeks of study: $12 240

Types of Non-repayable Funding

The following types of non-repayable assistance (bursaries and grants) are assessed automatically through your student loan application:

Grant for Students with Permanent Disabilities
$2000/year

Grant for Services and Equipment for Students with Permanent Disabilities
Up to $8000

Grant for Students from Low Income Families $250/month

Grant for Students from Middle Income Families
$100/month

Grant for Students with Dependents
$200/month per child

Canada Study Grant for Female Doctoral Students
Up to $3,000 annually, max. three years

Transition Grant
$3000

Note 1: The assistance programs listed above reduce the amount of loan funding issued.

Note 2: The Canadian Millennium Scholarship Foundation (CMSF) and all of its associated grants has run out as of April 2009. The new federal Transition Grant have been put in place to deliver continued funding to previous Canada Millennium Scholarship Foundation General Bursary (CMB) recipients for the remainder of their post-secondary program.