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These changes would, starting in the 2019–20 school year, reduce the family income threshold for grants from $175,000 to $140,000, require that the loan-to-grant ratio for funding given to students be at least 50 percent loan, and remove the six-month interest-free grace period for the Ontario portion of loans following graduation.
Students receiving a Canada Student Loan (CSL) for the first time on or after August 1, 1995, are eligible for up to 340 weeks (~6.5 years) of interest-free status on their loan balance. Students in doctoral programs are eligible for an additional 60 weeks, up to 400 weeks (~7.5 years).
Student financial aid (or student financial support, or student aid) is financial support given to individuals who are furthering their education. Student financial aid can come in a number of forms, including scholarships, grants, student loans, and work study programs. Each of these methods of providing financial support to students has its ...
There are safer alternatives to payday loans, such as getting help from nonprofits and charities, negotiating payment plans or extensions with lenders and taking out personal loans or 0% APR ...
Debt consolidation loan alternatives. Because debt consolidation loans are unsecured personal loans, lenders may have stricter eligibility requirements. This could make it difficult for those with ...
8 personal loan alternatives for bad-credit borrowers While bad credit loans provide quick access to cash, other options may offer lower costs and — in some cases — similar speed.
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