Like most of life’s big questions, the answer isn’t always straightforward! Student loans in Canada have a unique structure and set of requirements, and it’s important to know exactly what you are getting into before you start applying to universities. See below for an overview of how student loans work in Canada, including the difference between loans that come from the government and loans that come from your province/territory.
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Finances can be confusing to many young Canadians across British Columbia --and stressful, I know this personally. It is never easy admitting mistakes we might have made in the past, especially when it comes to your money and spending--but it is the only way you can really transform for the better.
Now, it is common to make money mistakes in your 20's and 30's, and even sometimes into your more …