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The Canada Student Loans Program

Ensure that you always check the Government of Canada website for the most current information regarding the Federal Student Loans Program and its interplay with the various provincial loans’ programs.

An excellent website for information on the federal loans policy is: http://www.hrsdc.gc.ca/en/

As of August 31, 2005, the maximum amount which can be loaned out from the Canada Student Loans Program is: $210 per week of study.

If the study period is taken as being 34 weeks, then the maximum amount which a student may borrow from the federal program, for any one year, is  $7,140.

Again, please always check the Government of Canada website (above) for the most up-to-date information.