Welcome to Student Loan Guide
Government Grant For A Student Loan For Canadian Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
Information on Emergency Student Loans
from:Not many people have actually heard of the 'emergency student loans' that are available, however it is a good idea that you learn about them, because you never know, maybe one day you will end up needing one for yourself.
About the Emergency Student Loans
The basic purpose of these emergency student loans is to provide students who need financial aide and who are late with their loan application. They can thus be incredibly helpful, however they are not encouraged, as the point is for you to try and make sure that you get your application form in on time with the regular student loans if you can.
Eligibility Requirements
There are eligibility requirements with these emergency student loans, just as with any other type, and they are as follows: to be eligible for emergency loans a student must have been accepted for enrollment and be enrolled on at least a half-time basis at the institution; to be eligible for the emergency student loans a student must be facing an emergency situation; and loans to eligible students shall be granted on the basis of the order in which the institution receives the application.
The Advantages
There are many advantages and positive aspects that come from that attaining of these loans, particularly - and rather obviously - that they enable the students to be able to attend the postsecondary education that they were planning on, and so thus this is incredibly positive. However, there are some drawbacks and disadvantages that come with these types of loans as well.
The Disadvantages
One of the biggest disadvantages to these loans is that you typically have to pay a higher interest rate when you repay the loan, and so although you are gaining from receiving the loan, you are going to end up being out more money than you would have otherwise by getting this type of loan. Another of the biggest disadvantages is that you generally have a much shorter grace period of repayment.
This means that you have less time allocated to you to repay the loan, and so you are going to be forced to come up with the money a lot sooner than you would have otherwise.
The best idea then is to try your hardest to get your application form for financial aid in as soon as you can, so that you will not have to worry about going through for an emergency student loan or anything of the sort.
Government Grant For A Student Loan For Canadian News
Government of Canada Increases Support for Part-Time Students - MarketWatch (press release)
 24 Hours Vancouver | Government of Canada Increases Support for Part-Time Students MarketWatch (press release) The income eligibility thresholds for part-time student loans and grants have been increased so more Canadians can pursue post-secondary education while working. Dr. Kellie Leitch, Parliamentary Secretary to the Honourable Diane Finley, ... More part-time students eligible for loans: Feds |
Financial aid gets better for students - Gauntlet
Financial aid gets better for students Gauntlet She said this change gives students more flexibility with their funding. "The goal for the change was accessibility, because a lot of students are eligible for funding. The [Canada Student Loans Program] wants to increase the amount of borrowers and ... |
As it happened: Budget 2012 - TVNZ
As it happened: Budget 2012 TVNZ "On top of the frontline teacher staffing cuts already signalled by education minister Hekia Parata, schools will have to make do with a derisively small operations grant increase, that does not even cover inflation," the PPTA said. |
Ottawa ups income eligibility threshold for part-time student loans, grants - London Community News
 London Community News | Ottawa ups income eligibility threshold for part-time student loans, grants London Community News It is estimated that, through the new eligibility thresholds, more than 2500 more part-time students will be eligible for a Canada Student Loan and nearly 500 more students will receive a Canada Student Grant in the first year of the new income ... |
Tuition Hikes and Lawmakers' Mistakes Hurt Those Attending Alabama Colleges - LoanSafe
Tuition Hikes and Lawmakers' Mistakes Hurt Those Attending Alabama Colleges LoanSafe (Obviously, Pell Grants and other similar options do not cover enough US students to make a dent in this debt.) This trend has all kinds of depressing markers. For the first time in the nation's history, student-loan debt has surpassed credit-card debt ... |