Ironically, with or without Parental assistance, often times one is still left a little 'short'.
No matter how big or small that college savings is that you have saved up by the time that you go to college, you still may need to get a student loan.
In Canada, there are two types of student loans that you can apply for: one which is offered on a national level and another one offered on a provincial level. If you live in Saskatchewan, you can apply for the Canada-Saskatchewan Integrated Student Loan. This type of loan is the needs-based variety, which is similar to all the other provincial student financial aid offered in the country.
There is also the Saskatchewan Student Loans Program available through the University of Alberta. The advantage of the integrated loan is that you can take advantage of both the federal and the provincial loan at the same time Ė and when the loan repayment period comes, there is only one integrated loan that you need to pay.
Finally, there are private loans that you can apply for through banks or financial institutions. Remember that you will be responsible for the repayment of your student loan about six months after you stop attending the university, so make sure that the amount that you will borrow is exactly what you need.
For more info on Student Loans in Saskatchewan Check out our Sitemap page.