PETL

Canada Student Loan and New Brunswick Student Loan

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Contact Information
Office Phone (506) 453-2577
E-Mail dpetlinfo@gnb.ca
Website www.studentaid.gnb.ca/
Description & Services
Cross Reference Canada Student Loan and New Brunswick Student Loan
Description of service(s) The Government of Canada provides 60% of your assessed need in the form of Canada Student Loan funding, up to a maximum of $210 per week of study. The Government of New Brunswick provides 40% of your assessed need in the form of New Brunswick Student Loan funding up to $140 per week of study.
Areas Served Saint John
Eligibility Ages: 17 year(s) - 100 year(s) 
 
You are eligible for student financial assistance if you:  
• are a Canadian citizen, have permanent resident status or are considered to be a protected person as defined in the Immigration and Refugee Protection Act;  
• are a resident of New Brunswick;  
• demonstrate a financial need;  
• are enrolled in, and maintain, a minimum of 60% of a full-time course load (students with a permanent disability may enrol in at least 40% of a full-time course load) to get a full-time loan, and between 20% and 59% to get a part-time loan (between 20% and 39% for students with a permanent disability). Students with a permanent disability taking between 40% and 59% of a full-time course load can elect to be in full-time or part-time status;  
• are enrolled in a degree, diploma or certificate program that is at least 12 weeks in duration at a designated post-secondary educational institution;  
• maintain a satisfactory scholastic standard;  
• are not in default on a previous student loan;  
• pass a credit check (this applies to students who are 22 years of age or older who are applying for a student loan for the first time);  
• are not beyond your program length, plus one additional study period (called your Periods of Study + 1 limit); and  
• are not beyond 340 weeks of eligible assistance (called your lifetime assistance limit). This is 400 weeks for students in doctoral studies, or 520 weeks for students with permanent disabilities.
Languages English
Location information
Located In Community South End (Saint John)
Other Details
Service Level (30) Provincial Government ; (40) Federal Government

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