When it comes to financial aid options for international students in Canada, they have scholarships, bursaries, and loans to pay for their education at a Canadian institute. It is safe to say that financial aid is a significant part of post-secondary education in Canada. The fact that Employment and Social Development Canada (ESDC) issues a report to highlight the outcomes of the Canada Student Financial Assistance (CFSA) program every year confirms the significance of financial assistance for international students pursuing post-secondary education. Considering the annual report of 2020-21 , nearly 542,000 students were provided with $3.2 billion in non-repayable Canada Student Grants. Plus, 576,000 students benefitted from $4 billion in student loans. 10 participating provinces and territories of Canada were given grants of at least $1.6 million each, with the exception of the Northwest Territories, Nunavut, and Quebec. To read the...
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