Prince Edward Island Student Loan Program
Ensure that you always check the Government of Prince Edward Island website for the most current information re the Prince Edward Island Student Loan Program and its interplay with the federal loans program.
An excellent website for such information is: http://www.gov.pe.ca/educ/index
As of August 31, 2005, the maximum amount which can be loaned out through the Prince Edward Island Student Loan Program is: $165 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 Prince Edward Island program, for any one year, is $5610
If a Canada Student Loan is also applied for (which has a maximum pay-out of $210 per week of study -- or $7140 -- , then the total maximum amount that may be loaned out is $12,750.
Again Please Always Check the Government of Canada and the Province of Prince Edward Island websites (or the above website) for the most up-to-date information.
