If you have been accepted into post-secondary studies, you can apply for money to help with the costs. When you apply, the government will assess your financial situation and offer you grants and loans based on your need.
- The Saskatchewan Advantage Scholarship is available to part-time students. If you are a Grade 12 graduate (2012 or later) and enrol in a Saskatchewan post-secondary institution, you may be eligible to receive the Saskatchewan Advantage Scholarship of $500 each year (maximum of $2,000). Starting in 2019, the Saskatchewan Advantage Scholarship will be available only to students with a demonstrated need. To determine financial need, students will be required to apply for a student loan. Through the student loan assessment, students with demonstrated financial need will receive the scholarship provided that they also meet the following eligibility criteria:
- Graduated from grade 12 in Saskatchewan (including ABE and GED®) on or after January 1, 2012;
- Enrolled at a Saskatchewan post-secondary institution in a program that is recognized for Canada-Saskatchewan student loans (certificate, diploma, and degree programs).
- With the exception of both Lakeland College campuses and specific specialized health programs, programs at post-secondary institutions outside of Saskatchewan are not eligible for the Saskatchewan Advantage Scholarship.
- Additional money for full-time students who have been out of high school for at least 10 years. The Government of Canada provides a Skills Boost top up to the Canada Student Grant for Full-Time Students. If you qualify, you will receive $1,600 per year ($200 per month of an eight-month school year) in additional grant money.
- The Canada Student Grant for full- and part-time students with dependants. An eligible student whose income is below the low-income threshold will continue to receive the full grant of $47 per week per child. If your income is higher than the low-income threshold, the grant will be lower.
- Request grants-only funding. When you apply for a Canada Saskatchewan Integrated Student Loan, you are assessed for funding that is a mix of non-repayable grants and repayable loans. You can choose to decline the loans and receive only grants. For example, a student whose income threshold may be assessed for approximately $15,000 in financial assistance ($11,000 in loan funding and $4,000 in grants). If grants-only funding was requested this student would receive only grant funding of $4,000. The amounts referenced here are only an example and will not apply to all students. Your loan and grant amounts will be based on your individual circumstances.