Student loans are a common and effective way to help finance your post-secondary education. Providence students can apply for Canada Student Loans, Provincial Government Loans and United States Direct Loans.
A Canada Student Grant is money you receive to pay for college or university that you don’t have to pay back. It is essentially “free money”. Canada Student Grants are available to students from most provinces and territories except those from the Northwest Territories, Nunavut and Quebec. These governments have their own student financial assistance programs.
If you qualify for a Canada Student Loan, you are automatically assessed for most Canada Student Grants, with the exception of the Grant for Services and Equipment for Students with Permanent Disabilities, which requires a separate application. You may be eligible to receive more than one grant.
Student loans are offered by the Government of Canada to help students pay for their time at Providence and are offered to eligible full and part-time post-secondary students in most provinces and territories. Students should apply for Canada Student Loans at least eight weeks prior to registration to ensure adequate processing time.
Repayment of a loan begins six months after graduation, or six months after the student completes his/her academic work if it is prior to graduation. Students, however, are urged to keep their borrowing as low as possible, remembering that after graduation these loans must be repaid at a time when other financial obligations may be heavy.
The dates for students applying for the fall and winter semesters are September 5, 2018 - April 12, 2019. The dates for students applying for the winter semester ONLY are September 5, 2018 - December 14, 2018.
The U.S. Department of Education has approved Providence University College for purposes of the Direct Loan Program (subsidized, unsubsidized & PLUS loans). Please notify your Enrollment Officer if you have completed the FAFSA. The U.S. Department of Education requires Providence to notify Direct Loan recipients of our Satisfactory Academic Progress (SAP)Policy andReturn of Title IV Funds (R2T4) Policy. The institutional code number to be used on loan application forms is G12274.
Once you have completed your FAFSA, please Set Up An Account at our Virtual Financial Aid Office (VFAO). You will need to fill out an interview as part of creating your account. Once you have done so, you'll be able to check on your loan status through VFAO - and so will we!
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