Student Loans
Get help with your student loan
We offer consultation on student loan issues and can assist with your applications for financial assistance.
Funding for your education for students with BC residence status may be available through StudentAid BC. Students from outside BC should contact the student loan ministry from their home province or territory.
Note: Student loan applications take time to process. Make sure you are applying at least 2 weeks before your semester fee payment deadline to ensure your loan is approved in time.
Final deadline to submit loan applications is 6 weeks before your study program ends, but you will be responsible for paying your school fees before your first day of class.
If you are approved for a loan, CNC may request for a portion of your loan to be paid directly to the school to cover the cost of your tuition and fees. The remainder of your loan will be deposited directly into your bank account. If you do not wish CNC to directly receive a portion of your loan, you must contact us at finaid@cnc.bc.ca before we complete your Confirmation of Enrolment.
Not all programs are eligible for student loan funding. Examples of ineligible programs include:
- Continuing Education programs and classes
- Adult Basic Education (Upgrading)
- Bookkeeping Certificate
- Nursing Unit Assistant Certificate
- Education Assistant Certificate
Full-Time Student Loans
Full-time student loans can cover tuition, fees, books, supplies, and other education costs, as well as provide an additional living allowance. To qualify for a full-time loan, students must be enrolled in a full-time course load, which is typically a minimum of 3 classes or 9 credits, with the exception of Foundation-level Trades programs or students with registered disability status with StudentAid BC.
Note: Deadline to submit loan applications is 6 weeks from the end of the semester or course.
Part-time Student loans
Part-time students have the option to apply for financial assistance tailored to their needs. Unlike full-time students, part-time students undergo a different assessment process. The part-time loan can cover tuition, fees, books, supplies, transportation, and unsubsidized childcare expenses related to attending classes. However, it does not assist with living expenses. To qualify for a part-time loan, students must be enrolled in a part-time course load of 1 or 2 classes, or less than 9 credits.
Note: Deadline to submit loan applications is 6 weeks from the end of the semester or course.
Canada Apprentice Loans and Grants
Support for Apprentices
Information to help apprentices complete their training in a Red Seal trade and for employers to help support the apprentices they hire and train.
MORE INFORMATION
Canada Apprentice Loans (CAL)
Apprentices registered in a Red Seal trade apprenticeship program who meet the eligibility requirements for Canada Apprentice Loan (CAL) may receive up to $4000 in interest-free loans per period of technical training.
INFORMATION AND ON-LINE APPLICATION