Financial Needs > Amount of Loan

If the amount of your financial needs is less than the amount of your loan for the award year, a new assessment will be made without counting your employment income. The financial assistance you qualify for will be limited to the loan amount, which is determined based on your number of months of full-time studies and level of education or on the result of the new assessment of your financial needs. If you are enrolled at a Québec university, you will also be entitled to the Special Allowance for Tuition Fees (awarded as an additional loan) if the financial assistance for which you qualify corresponds to this loan amount.

After the preceding assessment is made, if your financial needs are less than the first loan portion ($ 1 000 for vocational training or college studies and $2 400 for university studies), the calculation is redone without taking the contribution from your parents or spouse into consideration. The maximum amount of financial assistance for the award year will equal the first portion of the loan plus the Special Allowance for Tuition Fees (awarded as an additional loan) if you are enrolled at a Québec university. If your financial needs are less than the first loan portion, you will qualify for the amount of your needs. 

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