Student Loan Basics
What you need to know to achieve your career goals
Financial aid should not be a barrier if you want to pursue a post-secondary education that will help you start a new career. If you’re a prospective student in Alberta considering applying for financial aid, we’ve put together some basic guidelines to help you understand the process. Before you know it, you’ll be one step closer to the classroom and a new career!
What is a student loan?
A student loan is money borrowed to assist you in covering the costs of attending post-secondary school. A student loan is just that – a loan that must be repaid, with interest (the rate charged for borrowing money), within a defined period of time.
