Canada Student Loan Debt Consolidation Loan

The Government of Canada offers Canada Student Loans to full-time and part-time post-secondary students who show financial requirement in the majority provinces and territories crosswise Canada.

From side to side the Canada Student Loans Program (CSLP) the Government of Canada works in corporation with most provinces and territories to distribute student financial assistance. The Government of Canada provides 60 percent of the assessed requirement, equal to a maximum of $210 in loans per week of study. The left over 40% may be provided in the form of provincial or territorial student loans.

An anticipated 4.3 million students have received approximately $32 billion in Canada Student Loans since the CSLP was formed in 1964. In 2006-2007, the CSLP offered over $1.9 billion in full- and part-time student loans to about 345,000 students and awarded $141.8 million in non-repayable Canada Study Grants and Canada Access Grants (87,368 grants).