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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).
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.
Such loans include Canada Student Loans and British Columbia Student Loans. Students also may be eligible for Canada Student Grants, depending upon their financial need and personal circumstances. BC Awards Online is a collection of scholarships, bursaries, and awards for British Columbia secondary students planning to attend a post-secondary ...
Several economists have said temporary foreign workers and international students increasingly form the backbone of low-wage labour. Mike Moffatt , an economist and professor at the University of Western Ontario , said that “What we’re basically bringing in a lot of is, essentially, temporary foreign workers under student permits to work ...
Figures for the international student population in Canada vary depending on the reporting agency. The IRCC only reports on the number of students with a valid work or study permit. Students who study for less than six months do not require a permit, which means that short-term students are not counted in IRCC statistics. [26]
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