Scholarships, bursaries and loans

Post-secondary education can be expensive. StudentAid BC provides loans, grants, bursaries, scholarships and special programs to qualifying students.

Education is an investment in your future that you need to plan for. Use a budget to plan your finances. Outline your income, such as earnings and help from family, and your expected expenses. The budget will help you decide if you will need financial assistance. Many financial tools can help you create a useful budget.

When you know your budget, consider these options:

Scholarships, Bursaries and Grants

Scholarships, bursaries and grants are gifts of money that you don’t have to pay back.

Provincial Funding

StudentAid BC offers many grants and scholarships. These are based on financial need, academic achievement, community involvement and other criteria. Some focus on special groups such as:

  • B.C. Access Grant for students in high-priority trades training
  • financial assistance for students with permanent disabilities
  • financial assistance for students with dependents
  • the Student Bursary Program of the First Citizens’ Fund for Indigenous students
  • financial assistance for students who are former youth in care between 19 and 24 years of age

Federal Funding

The Government of Canada provides various student grants. Learn more about Canada Student Grants.

Private funding

Many bodies such as clubs, unions and religious organizations also provide grants. Ask about any that might help you.
 

Student Loans

A student loan is money for your education that you must pay back.

  • The Governments of B.C. and Canada work together to provide student loans to full-time students.
  • The Government of Canada offers loans to part-time students.
  • Some loans can be cancelled when you finish your studies.

To learn more about student loans, visit Canada Student Loans.

Visit StudentAid BC to see how to apply for a loan.
 

Reduce Your Need for Loans

Earn More Income

Co-operative education programs alternate periods of training with periods of work. They let you earn money and gain experience while completing your education. In this way, you can pay for your post-secondary education and reduce your need for loans.

You can also earn income from part-time and working during semester breaks. In addition to a job, think about tutoring others, providing web services, selling products or offering manual labour.

Reduce Your Expenses

Reduce your need for loans by cutting back on your expenses.