Alberta Student Aid

If you're an Alberta resident, Alberta Student Aid can provide the financial support you need to pursue your studies. Think of it as a partner in your educational journey, helping cover the costs that can otherwise feel overwhelming. But before you apply, it's important to understand the basic qualifications. To be eligible, you need to be a Canadian citizen, permanent resident, or protected person, and you must be enrolled in an approved undergraduate program at an accredited post-secondary institution like UCalgary. Your financial need is also a key factor in determining eligibility, and it’s assessed based on your family’s income, assets, and other financial information.

The application process for Alberta student loans can be straightforward if you take the time to gather all the necessary documents, like proof of income and your enrollment status. But remember future Dinos, timing is key—apply early to ensure you’re set up with the funds you need before classes begin.

Keeping Your Student Loans Interest-Free

One of the best ways to manage student debt is by keeping your loans interest-free for as long as possible. To do this, stay enrolled as a full-time student, and remember to confirm your enrollment status with your loan provider each term. If life throws you a curveball—like a medical or parental leave—there are ways to apply for interest-free status during those times as well. Being proactive about your loan status can save you a significant amount in the long run.

Grants and Scholarships

Not all financial aid comes in the form of loans. There are also grants and scholarships, which are essentially free money you don’t have to repay. Alberta Student Aid offers a range of scholarships and grants designed to support you as you work toward your degree. Some of the most notable include the Alexander Rutherford Scholarship, which recognizes academic achievement among Alberta high school students. Offering up to $2,500, it encourages students to pursue post-secondary studies. To qualify, you must be a Canadian citizen or permanent resident, have completed high school in Alberta, and be enrolled full-time in an undergraduate or apprenticeship program. Students are automatically considered for additional awards, like the Rutherford Scholar Award, when applying for this scholarship.

On top of Student Aid provided by the province, UCalgary also offers other merit-based awards, such as the Prestige Scholarships, which recognize academic excellence and leadership, and loads of High School Entrance Awards with varying criteria. These scholarships provide valuable financial support, helping reduce the cost of your education.

To learn more about awards and scholarships at UCalgary listen to Season 9 Episode 8 of the Choose UCalgary Podcast!