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Amount of Loan

The amount of the loan that could be awarded to you for a given award year is the result of the following formula:



Amount determined according to the type of program and level of education
X
Number of months of study

(including the months for which expenses are recognized, in the case of the withdrawal from a course or from studies)
=
Loan that could be awarded for a given award year


The loans awarded for each level of education and type of program (unsubsidized programs are programs that are not subsidized by the Ministère de l’Éducation, du Loisir et du Sport) under the Loans and Bursaries Program are indicated below.
Amount of loan awarded
Level of education Amount
Secondary level (vocational training)
Subsidized programs
(public educational institutions)
$200/month of study
Subsidized programs
(private educational institutions)
$200/month of study + compulsory fees charged by the educational institution
Unsubsidized programs $200/month of study + compulsory fees charged by the educational institution
College level
Subsidized programs
(public educational institutions)
$220/month of study
Subsidized programs
(private educational institutions)
$220/month of study + compulsory fees charged by the educational institution
Unsubsidized programs
(private educational institutions)
$950/month of study
Unsubsidized programs (private educational institutions that do not receive a subsidy from the Ministère de l’Éducation, du Loisir et du Sport, but that receive a subsidy from the Ministère de la Culture et des Communications). $315/month of study + compulsory fees charged by the educational institution
University
Bachelor’s degree $305/month of study
Master’s and doctoral degrees $405/month of study
Bachelor’s degree holder $405/month of study
Programs recognized for the purposes of loans only $950/month of study

If applicable, the loan may also include expenses for the purchase of computer equipment and additional childcare expenses.

If you are pursuing college or university studies outside Québec, an amount is added to the monthly loan amount to cover the compulsory fees charged by the educational institution (maximum $6 000/study period).


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