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manitoba student aid funding
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June 1 – Application for Manitoba Student Aid will open for the Fall term (Sept.-Dec.) and Fall/Winter academic session (Sept.-Apr.). Those registered full-time (at least 9 credit hours per term) should apply online. Part-time students must obtain a paper copy (available online, from the Manitoba Student Aid office, or from our office).
 
Assistance You Have to Pay Back - Loans
Canada Student Loans - Federal Assistance
These federally subsidized loans are interest-free while you are a full-time student. Interest begins to accumulate once you cease to be a full-time student. You are not required to make payments until 6 months after you cease to be a full-time student. The maximum Canada Student Loan is $210 per week of study. Example: for a 34-week program, the maximum is $7,140 ($210 x 34).
 
Manitoba Student Loans - Provincial Assistance 
These provincially subsidized loans are interest-free. You must begin repayment of the loan six months after you cease to be a full-time student. The maximum Manitoba Student Loan is $140 per week of study. For a 34-week program, the maximum is $4,760 ($140 x 34).
 
Assistance You Don't Have to Pay Back - Grants/Bursaries
Canada Student Grants for:
  • If you are from a low-income family, qualify for a federal student loan and you meet the specific grant eligibility requirements, you will receive $375 per month of study (half at the start of the year and half mid-way through).
  • This grant is available for all years of your university undergraduate, college, or trade school program, provided your entire program is a minimum of 60 weeks in length.
  • https://www.canada.ca/en/services/benefits/education/student-aid/grants-loans.html
 
Students from Middle-income Families
  • If you are from a middle-income family, qualify for a federal student loan and you meet the specific grant eligibility requirements, you will receive $150 per month of study (half at the start of the year and half mid-way through).
  • This grant is available for all years of your university undergraduate, college or trade school program, provided your entire program is a minimum of 60 weeks in length.
 
Manitoba Student Grants
The Manitoba Bursary 
  • The Manitoba Bursary is a loan reduction award, funded by the Government of Manitoba. The funds from this bursary reduce the amount of Manitoba Student Loan (MSL) debt a student accumulates annually.
  • The Manitoba Bursary is applied directly to a student’s MSL debt by the middle of September each year, following the verification of satisfactory progress in their approved course of study. Students in graduate programs, professional programs or studying at Private Vocational Institutions outside of Manitoba are not eligible.
 
The eligibility threshold for the Manitoba Bursary loan limit is determined each year based on two things:
  • The total budget for the loan reduction program, and
  • The number of eligible students.
NOTE: Eligibility requirements for the Manitoba Bursary vary year to year and are not guaranteed. Only borrowers of a MSL are eligible to receive a Manitoba Bursary.
 
Rural/Northern Bursary 
The Manitoba government is funding a new bursary which will provide Rural and Northern students with an additional $600 to help off-set the increased costs of accessing their education.
You are automatically considered for this bursary when you complete an application for Canada/Manitoba Student Loans.
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