If you are a full-time post-secondary education student, you may be eligible for financial assistance if you:

• are a Canadian citizen, you have permanent resident status or you are a protected person as defined in the Immigration and Refugee Protection Act, or if you are registered with the federal government as a Registered Indian under the Indian Act, regardless of your citizenship;
• are a resident of New Brunswick;
• demonstrate a financial need;
• are enrolled in, and maintain, a minimum of 60% of a full-time course load (students with a permanent disability may enroll in at least 40% of a full-time course load) to get a full-time loan. Students with a permanent disability taking between 40% and 59% of a full-time course load can elect to be in full-time or part-time status;
• are enrolled in a degree, diploma or certificate program that is at least 12 weeks in duration at a designated post-secondary educational institution;
• maintain a satisfactory scholastic standard;
• are not in default on a previous student loan;
• pass a credit check (this applies to students who are 22 years of age or older who are applying for a student loan for the first time);
• are not beyond your program length, plus one additional study period (called your Periods of Study + 1 limit); and
• are not beyond 340 weeks of eligible assistance (called your lifetime assistance limit). This is 400 weeks for students in doctoral studies, or 520 weeks for students with permanent disabilities.

More detailed information and a glossary of terms can be found in the 2018-2019 Information Guide.