Educational Funding, Scholarships and Awards
Government Student Loans
Government student loan programs are available based on financial need and your province of residence.
For Alberta residents considered to be studying full-time, an online application is recommended as the processing time is much quicker – most students are approved in up to two weeks versus four to six weeks for a paper application (note that part-time students can only apply by submitting a paper application). Through one application, Alberta Student Aid will assess your eligibility for Alberta Student Loans, Canada Student Loans and, if you qualify, for grants.
While loans must be repaid, grants do not – as long as you remain a full-time student for your period of study. You can apply online for your funding via Alberta Student Aid (at www.studentaid.alberta.ca). Applications for funding are generally made available in June or July for studies commencing on or after August 1. We recommend applying early – at least eight weeks before your studies start. You do not have to be accepted to your program in order to apply for your loan funding; however, you do need to be registered full-time in your program to receive your money.
No interest accumulates on your loans as long as you are a full-time student, and you don’t have to start paying back your loans until six months after you stop being a full-time student. If at any time you can’t make your payments, student loan programs offer a Repayment Assistance Plan.
Scholarships, Awards, and Bursaries
In recognition of dedication and hard work, students may be eligible for many scholarships, awards and bursaries.
MacEwan University’s scholarships recognize academic excellence, while awards also recognize students’ involvement and service in the community. Many dedicated students who face financial challenges may benefit from MacEwan University’s bursaries, which are issued based on financial need and good academic standing.
In the 2018/2019 academic year, the Student Awards Office distributed over seven and a half million dollars, from internal and external sources, to more than 5,000 students. All scholarships, awards and bursaries offered to MacEwan University students can be found at MacEwan.ca/Scholarships. To apply, go to myStudentSystem and check the To Do List for applications.
Other Funding Options
Depending on a student’s educational or career goals, financial need and/or personal situation, there may be other options for financing their education, such as:
- Registered Educational Saving Plan (RESP)
- Advancing Futures Bursary
- Alberta Works (EAL, University Preparation)
- Northern Alberta Developmental Council Bursary
- Financial/Banking Institute Student Line of Credit
For more information about funding options, student can visit the Fees and Financial Information page at MacEwan.ca/FFI or contact an advisor in the Student Financial Aid Office at 780-497-5000 or 1-888-497-4622 (toll free), firstname.lastname@example.org or email@example.com.