Acquiring a post secondary education can be a costly venture. A single year at college or university is typically estimated to cost in the neighbourhood of $10,000. This figure, of course, will vary depending on the particular program of study, the length of the program, whether one lives at home or away, and the institution one attends. In fact, for some programs the cost may be closer to $20,000.

Funding such a costly venture requires sound financial planning. Students should ensure they have the means to cover all of their costs before embarking on a particular program of studies.

To help you determine your financial need, please print and complete the Budget Worksheet located in the Print Forms section of Student Aid's General Information site.

Post-Secondary students in Newfoundland and Labrador may be eligible to receive some financial assistance from both the Canada Student Loans Program and the Newfoundland and Labrador Student Loans Program. Under the Canada Student Loans Program assistance is available in the form of subsidized full-time loans; nonsubsidized part-time loans; and grants for students with dependants, disabilities, high-need part-time students and female students in certain fields of doctoral studies. Under the Newfoundland Student Loans Program assistance is available in the form of subsidized full-time loans only.

Both the Canada and Newfoundland Student Loans Programs are administered by the Division of Student Aid in the Department of Education, and are similar in many respects. Both are needs-based and intended to supplement the resources of students and their families. An underlying principle of these programs is that financial need should not be a barrier to students wishing to pursue post-secondary education and training. However, not all students are eligible under the Loans Programs, and for those that are, the amount of assistance available may not be sufficient to cover all costs related to the program of studies. It must be borne in mind that the responsibility for the costs of post-secondary education rests primarily with the student, and where applicable, the parent(s) or spouse. Hence, resources other than government subsidized loans will often need to be found to fully finance the total costs involved.

This General Information and Application Guide contains valuable information on both Loans Programs. It is intended to assist you in understanding and, if applicable, accessing the programs. The Guide is divided into four sections. Section I relates to subsidized loans for full-time study; Section II provides information on nonsubsidized loans for part-time study; Section III deals with Special Opportunity Grants available for full-time and/or part-time study; while Section IV focuses on the repayment process.

For general inquiries or additional information, you may contact the Student Aid Office by telephoning our Integrated Voice Response System at either:

TOLL-FREE at 1-888-657-0800
LOCAL at 729-4244

For all other inquiries, please call our Switchboard Operator at 729-5849.

Your Social Insurance Number is required to access our computerized system. Be sure to have it ready when telephoning for information on the status of your Student Aid application.

If you would like to visit our Office, we are located at Coughlan College, on the campus of  Memorial University of Newfoundland.

Office hours are Monday - Friday 9:00 a.m. - 4:15 p.m. Summer hours (June - August) are Monday - Friday 9:00 a.m. - 3:45 p.m.

Our mailing address is:
Student Aid Division
Department of Education
P.O. Box 8700
St. John's, NF
A1B 4J6

Be sure to include your name and Social Insurance Number on all written documentation submitted to our Office. Our fax number is:     (709) 729-2298.  Faxed copies of applications will not be accepted.

 Our Internet address is:

Our e-mail address is:

Most public and private post-secondary institutions in the province have Student Affairs or Student Services personnel who are able to check on the status of your Student Aid
application, and may be of assistance with general inquiries.

Please read the Student Aid Division's published materials carefully before contacting the Office, as they may contain the information you require.