Before you apply for student aid, calculate your tuition costs and how much money you need to pay your rent and for other costs of living. Student Aid Alberta uses monthly living allowances to find out how much funding support you may need. Using this information to create a budget for your education will help you figure out how much you may need to earn or borrow.
Government pays the interest on your student loans for you until you leave school. After that, interest starts accumulating on your account. It’s a good idea to start planning how to repay your loans before you finish your studies.
Working and Going to School
It’s possible to work and go to school. Before you take on a job though, find out how much time your post-secondary program needs from you every week. If you’re too tired or busy to study, your grades are going to suffer.
Some programs also combine learning with earning potential. For example: