Who Can Get Student Financial Assistance?

Funding received from Student Financial Services will vary depending on if you are a full-time or part time student. Please select from the following tabs for more detail!

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

  • are a Canadian citizen, permanent resident, a protected person, or an individual registered under the Indian Act, regardless of your citizenship;
  • are a New Brunswick resident, as defined by the program;
  • have financial need according to program criteria;
  • are enrolled or qualified to enroll in an approved degree, diploma, or certificate program that is at least 12 weeks in duration at a designated post-secondary educational institution;
  • will be taking at least 60% of a full course load, or 40% if you are a student with a disability;
    • if you are taking a course load that is less than 60%, or 40% if you are a student with a disability, you may be eligible for part-time student financial assistance
  • maintain a satisfactory scholastic standard in your studies;
  • are not delinquent or in default on a previous student loan;
  • pass a credit check if you are 22 years of age or older and have never received a federal and/or provincial student loan;
  • have not exceeded your program length plus one additional study period (Periods of Study +1 maximum); and
  • have not exhausted the lifetime assistance limit:
    • 340 weeks (including interest-free status) of assistance;
    • 400 weeks for students in doctoral studies;
    • 520 weeks for students with a disability.

More detailed information and a glossary of terms can be found in the 2022-2023 Student Financial Assistance Handbook

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

  • are a Canadian citizen, a permanent resident of Canada, a protected person (as defined by the Immigration and Refugee Protection Act), or a person registered as an Indian under the Indian Act;
  • are a resident during your period of study of a province or a territory that issues Canada Student Loans;
  • demonstrate financial need;
  • are enrolled in 20-59% of a full course load at a designated Educational Institution;
  • pass a credit check if you are 22 years of age or older and applying for a Canada Student Loan for the first time;
  • have not reached the maximum $10,000 in Part-Time Canada Student Loans; and
  • are not in default of a full-time or part-time Canada Student Loans and / or a Canada Apprentice Loan.

Please visit the Government of Canada’s Student Financial Assistance website for additional information.