Types of Funding

Types of Repayable Assistance

• The only assistance from the Yukon that must be repaid is the Canada Student Loan issued to you. The Yukon Department of Education does not distribute a Yukon Student Loan.
• 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: $210 per week.
• Yearly loan maximum: $7140 for 34 weeks of study.

Types of Non-Repayable Assistance

• The Yukon Financial Assistance provided to the student comes as the Yukon Grant that does not need to be paid back.
• The Yukon Grant provides the following amounts to students:
• Tuition/Fees: $501 per semester
• Books and Supplies: $154 per semester
• Living Expenses: $1001 per semester
• Total Yukon Grant possible for 8 months of study: $3312
• Students who obtain an average of 65% or lower will only receive 60% of this total until their average grade rises above 65%, at which time the full grant can be awarded.
• If you are attending an educational institution outside the Yukon, a travel subsidy per calendar-year is paid.

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

Canada Access Grant for Students with Permanent Disability
Up to $2000

Canada Study Grant for Accommodation of Students with Permanent Disability
Up to $8000

Canada Access Grant for Students from Low-Income Families
50% of Tuition, up to $3000

Canada Study Grant for Full-Time Students with Dependents
Up to $60/week of study

Canada Study Grant for Female Doctoral Students Up to $3000 per year

Canadian Millennium Bursary $3000

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