Education costs

If you are an Island student in grade 10, 11 or 12 and planning to attend any post-secondary institution, you may receive a Community Service Bursary in recognition of your volunteer work which will be credited to your post-secondary account. The maximum value of the bursary is $1,500.

If you are graduating from a post-secondary program with more than $100 in federal and provincial student loans borrowed per year you may be eligible for a debt reduction grant to help reduce your provincial student loan balance. You may get up to a $2,000 or $3,500 grant per year of study depending on when you started your studies.

If you are a graduate from Prince Edward Island who wishes to do your post-secondary education through a French-language program not currently offered in the province, you may be able to get a French-language post-secondary studies scholarship.

Island students enrolled full-time a post-secondary school can apply for financial help through both the federal and provincial student loan programs by filling out one application, the PEI Student Financial Assistance’s online application.

If you are a PEI student entering your first year at UPEI, Holland College, or Collège de l'Île, you may be able to get the George Coles Bursary and get anywhere between $3,200 and $12,800 in funding over the duration of your program (in conjunction with the George Coles Graduate Scholarship). You do not need to apply.

If you are a PEI resident attending either UPEI, Holland College or Collège de l'Île, you may be eligible for the Island Advantage: Low and Middle Income Needs-based Bursary (Bursary). When combined with the George Coles Bursary, and/or the Canada Student Grant for Full-Time Students (CSG-FT), this can help you fully cover your tuition costs.

The Canada Student Loan Program offers a grant to eligible students with Permanent Disabilities for services and equipment of up to $8,000 per loan year.

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

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.

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

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.

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

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).