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Education costs

If you're a student or thinking about going back to school, these benefits can help reduce your costs.

Common education costs benefits

Federal

If you are 18 to 20 years old and you have not yet gotten the Canada Learning Bond (for example if your parents did not apply for you), you may be able to get up to $2,000 to help pay for the costs of your studies after high school. You do not have to spend this money right away.

Up to $2,000

Tax filing not required

Federal

This program helps you if you have a severe permanent disability and you can’t repay your Canada Student Loans. It can help you get your debt cancelled.

Tax filing not required

Federal

The Canada Student Financial Assistance Program offers student grants and loans to full-time and part-time students. Grants and loans help students pay for your post-secondary education.

Tax filing not required

Federal

This grant helps students with disabilities pay for each year of school.

$4,000 per year.

Tax filing required

Federal

If you are a post-secondary student living with a disability, you can get financial assistance for education-related services and equipment.

Up to $20,000 per school year.

Tax filing not required

Federal

This program contributes funding to a Registered Education Savings Plan (RESP).

$500 for the first year and $100 each year the child remains eligible.

Tax filing required

Federal

The repayment assistance plan can help you repay your student loan if you are having financial difficulty and cannot make your payments.

 Up to the amount of your student loan.

Tax filing not required

Federal

If you have a disability and are having difficulty paying your student loan, you may be eligible for the Repayment Assistance Plan for Borrowers with Disabilities (RAP-D).

Tax filing not required