How do Canadian immigrants apply for loans and grants?

Canada's good educational environment is not only reflected in the advanced educational facilities and systems, but also in the government's investment in education. In Quebec, new immigrants can apply for loans and grants as long as they can attend full-time universities (or colleges).

Student loan is the money guaranteed by the government and lent by financial institutions to students for tuition and living expenses during their studies. The loan interest is paid by the government to financial institutions. For students, the loan is interest-free. No matter how long students study, they don't have to repay the principal and interest during their studies, but they don't start to repay them until three to six months after graduation. Those who fail to repay the loan in time will pay a certain amount of fine.

If students can't find a job after graduation, they can apply for an extension of loan repayment, which will be paid off in five, ten and twelve years. The annual interest rate is 8%. If the lender files for bankruptcy, the student loan will be repaid to the financial institution by the government. If the student loan is not enough, the government will also give grants. The grant is non-refundable.

The standards of student loans and grants are calculated according to the income of students and their families, and also depend on schools and courses. If individuals, families or spouses have enough income, students can't get loans and grants.

The deposit brought by new immigrants from China will not affect their application for student loans and grants, but it will affect the amount. As long as you meet the qualifications and conditions for applying for loans, you can apply for loans and grants. However, the actual amount given to you depends on your income. Subtract your income from the amount of funding, and this is what you actually get. In other words, the more money you save, the more interest you get, and the less money you actually get.

Note: deposit is not income, but deposit interest is income.

The specific operation of the application program

Schools have specialized institutions to help students apply for loans and grants, such as the Financial Aid Office (British schools) or the Student Financial Assistance Bureau (French schools). Take the form first, which has detailed instructions on how to fill it out and what documents to submit. And there is an envelope, you can put the prepared materials in the envelope and send them. You may need to provide copies of the following documents: immigration documents, rental contract, birth notarization, social insurance card, proof of marital status, birth certificate of children, admission to humanities, course selection or transcripts, etc.

Telephone number: (5 14)864-4505 Outside Quebec: 1-888-345-4505.

Telephone service: 24 hours a day, 7 days a week.

The admission threshold of Simon Fraser University in Canada has been raised, and the number of international students is still full. The highlight of undergraduate education in Canada is that there is no language for double admission. Canadian universities and the government jointly launched preferential policies. Two Canadian China male scholarships went to Cambridge University to study.