Financial Aid Options For International Students In Canada
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.
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