Adler School of Professional Psychology Catalog 2008 – 2009

The British Columbia Student Assistance Program is a joint program
between the federal and provincial government.
The application form for BCSAP is a one-stop process to apply for two kinds
of funding: loans and grants. These include:
Loans
Canada Student Loan (CSL)
• This loan is subsidized by the federal government. It is issued in the
form of a Schedule 1.
• Interest will be paid by the federal government while you are
attending school full time.
• Maximum assistance is 60% of total funding, up to $165 per week of
study.
• You must be enrolled in at least 60% (40% for students with
permanent disabilities) of a full-time course load.
• Repayment will begin six months after your studies end.
Information is also available on the Internet at
www.hrdc-drhc.gc.ca/student_loans
British Columbia Student Loan (BCSL)
• This loan is subsidized by the provincial government. It is issued in the
form of a master B.C. Student Loan agreement.
• Interest will be paid by the provincial government while you are
attending school full time.
• Repayment will begin six months after your studies end.
Grants
Canada Study Grant for Students with Dependents (CSG)
CSG funding is for students with dependents (includes children or other
wholly dependent relatives, but does not include your spouse).
The CSG is not 'additional' assistance. The weekly program maximum of
$435 per week of study still applies.
Students with one or two dependants may be eligible to receive up to $40
in Grant funding for each week of study. Students with three or more
dependants may be eligible to receive up to $60 in Grant funding for each week
of study.
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