2022-23 Student Loan and Grant Information

If you have been accepted into post-secondary studies, you can apply for funding 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.

Important Information

Effective August 1, 2022, the following changes are incorporated in the integrated Canada-Saskatchewan Student Aid assessment for new and returning students in the 2022-23 academic year.

• Starting in 2022-23, access to disability-related supports will be expanded to include students with persistent or prolonged disabilities lasting for at least 12 months and verified by a medical professional. Students will be required to self-attest every year to confirm the status of their disability.
• Canada Student Grants (CSGs) for all eligible full-time (FT) and part-time (PT) students, as well as the CSGs for Students with Disabilities and Students with Dependents, for 2022-23 remain doubled.
  • CSG-FT is up to a maximum of $750 per month of study, or $6,000 for a standard 8-month academic year
  • CSG-PT is up to a maximum of $3,600
  • CSG-FTDEP is up to a maximum of $400 per dependent, per month of study, or up to $3,200 for a standard 8-month loan year
  • CSG-PTDEP is a maximum of $3,840
  • CSG-PD is a maximum of $4,000

Indigenous students are eligible to access all student loan and grant programs. There are also some features of the Saskatchewan Student Aid program specifically for Indigenous students, as well as other supports available to all students that may be of interest to you.

Financial Supports for Self-Declared Indigenous Students

• Indigenous students are not required to make the fixed student contribution. Typically, students are expected to contribute to their educational costs by providing a fixed student contribution up to $3,000 per year. There is no fixed student contribution for Indigenous students, students with disabilities, students with children, and students who are, or were, Crown wards. Therefore, these students may be eligible to receive more funding.

• Funding you receive from the federal government's Post-Secondary Student Support Program (i.e. band-funding), Métis Nation Post-Secondary Education Strategy and Inuit Post-Secondary Education Strategy is not considered a financial resource when you apply for student aid. This means that you do not have to declare this type of funding and it will not be deducted from the amount of student loans and grants you would be offered.

Other Features that May Interest You

• Parents are not expected to contribute to your education costs if you are an independent student. If you have been out of high school for four years or more before the first day of class of the current study period, or you have been in the workforce for at least two years (two periods of 12 consecutive months) before the first day of class of the current study period, you are considered an independent student. Independent students may be eligible to receive more funding than dependent students because there is no expected contribution from their parents.

• Funding is available for students with dependents. If you are a full- or part-time student with dependent children, you may be eligible for monthly living allowances based on your income and the number and age of your children. This also includes a monthly allowance for daycare. Additionally, students with dependents are eligible to access all other student loan and grant programs.

• If you live away from home, you can use your funding to visit your family. If you are a student living in a different community than your family home (e.g. parents or spouse), an allowance may be included for one return trip home for each period of 16 weeks, to a maximum of $600 per semester/term.

Students with disabilities are eligible to access all student aid programs. There are also some features specifically for students with disabilities, as well as other supports available to all students that may be of interest to you.

Financial Supports for Students with Disabilities

• If you are a student with a disability who is eligible for student aid, you will be eligible to receive the Canada Student Grant for Students with Disabilities. You will be automatically considered for this grant in your student loan application. This grant provides $4,000 per school year to assist with educational or living costs.

• If you are a student with a disability, you may take a reduced course load and be eligible for student aid for a longer academic period.

• If you are a student with a disability enrolled in a program at a post-secondary educational institution, you may be eligible to receive the Canada-Saskatchewan Grant for Services and Equipment for Students with Disabilities. This grant provides up to $22,000 per program year. This includes up to $20,000 for the Canada Grant and up to $2,000 for the Saskatchewan Grant. Examples of eligible services and equipment include: tutors, interpreters, computer software and specialized transportation.

Did You Know?

• Students with disabilities are not required to make the fixed student contribution. Students are expected to contribute to their educational costs by providing a fixed student contribution up to $3,000 per year. There is no fixed student contribution for students with disabilities, Indigenous students, students with children, and students who are or were Crown wards. Therefore, these students may be eligible to receive more funding.

An adult learner is someone who enrols in post-secondary studies after at least 10 years away from high school. Adult learners are eligible to access all student aid programs. There are also some features specifically for adult learners, as well as other supports available to all students that may be of interest to you.

Financial Supports for Adult Learners

• The Government of Canada provides a Skills Boost top-up to the Canada Student Grant for Full-Time Students for full-time students who have been out of school for at least 10 years. If you qualify, you will receive $1,600 per year ($200 per month of an eight-month school year) in additional grant funding. There is no need for students to apply for this grant. Students will be assessed automatically when they apply for student aid.

Other Features That May Interest You

• A change in your employment situation does not have to be a barrier to returning to school. Working and unemployed Canadians whose employment situation has significantly changed from the previous year (e.g. lost a job, left a job) may have their current income used to assess Canada Student Grant eligibility. This means a person who experiences a drop in income may qualify for additional assistance.

• Funding is available for students with dependents. If you are a full- or part-time student with dependent children, you may be eligible for monthly living allowances based on your income and the number and age of your children. This also includes a monthly allowance for daycare. Additionally, students with dependents are eligible to access all other student aid programs.

• Students with children are not required to make the fixed student contribution. Students are expected to contribute to their educational costs by providing a fixed student contribution up to $3,000 per year. There is no fixed student contribution for students with children, Indigenous students, students with disabilities, and students who are or were Crown wards. Therefore, these students may be eligible to receive more funding.

Financial assistance is available to help part-time students pay for post-secondary education. Eligible part-time students in Canada could get up to $10,000 in federal loans in addition to grant funding. Students taking between 20% and 59% of a full course load (or between 20% and 39% if you are a student with a disability) at a designated post-secondary institution, can apply for part-time aid.

Part-time Canada Student Loans and Grants and Saskatchewan part-time grant is assessed based on student income and family size. The amount of funding awarded is calculated based on education costs, including tuition, learning supplies (i.e., textbooks and equipment costs), local transportation, and daycare.

Canada Student Grant for Part-Time Students with Dependents

If you are a student with dependents who is eligible for part-time student loans and whose income is below the low-income threshold, you may be eligible to receive the grant up to $120 per week up to a maximum of $3,840.

Canada Student Grant for Students with Disabilities

If you are a student with either a permanent, persistent or prolonged disability who is eligible for part-time student loans, you will be eligible to receive the Canada Student Grant for Students with Disabilities. You will be automatically considered for this grant in your student loan application. This grant provides $4,000 per school year to assist with educational or living costs.

Grant for Services and Equipment for Students with Disabilities

Part-time students with disabilities may be eligible to receive up to $22,000 to help offset exceptional, education-related costs.

Saskatchewan Advantage Scholarship

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. The Scholarship will provide $750 per year, with a lifetime maximum of $3,000, to eligible grade 12 graduates, including Adult Basic Education (ABE) and GED® students. To receive this Scholarship, students are required to apply for student aid.

Request Grants-Only Funding

Applying for a part-time student aid to access grants does not mean you have to take a loan if you prefer not to. When you apply for part-time student aid, you are assessed for a mix of non-repayable grants and repayable loans. You can choose to receive grants only by indicating this on your part-time application form.

Did You Know?

• A grant is funding that you do not need to pay back. If you withdraw from school, some or all of the grant funding you receive will convert to a loan.
• A loan is funding you must payback.
• You can apply for financial assistance if you are a full-time or part-time student.
• Loans are interest-free while in school, and you don't have to start repaying them until six months after you complete your studies.