Types of Funding

For Northwest Territories Assistance

Repayable Loans
Up to $1,100 per month.

Northwest Territories Basic Grant
Non-repayable funds for tuition, books and travel expenses.
Up to $1,925 for tuition and fees per semester, $400 for books per semester, and travel to nearest institution.

Supplementary Grant Living allowance to Northern Indigenous Aboriginal residents for rent, food, utilities and local transportation.

Remissible Loan Assist Northern residents schooled in the NWT with living expenses for each year of grades 1 to 12 successfully completed in the NWT.

For Canada Student Loans

Types of Repayable Assistance

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

Funding for Canada Student Loans are as follows:

• Weekly maximum of Canada Student Loan allowed: $210 per week
• Yearly loan maximum: $7140 for 34 weeks of study.

Types of Non-Repayable Assistance

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

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.