Amount of Loan

Awarded loan amounts are calculated as follows:

Educational expenses

Educational expenses vary by level of education. They are calculated by multiplying the number of credits or course hours by a fixed amount that encompasses all expenses in this category (tuition, educational supplies and related costs, including admission and enrollment fees).

  • University: $128.97 per unit (credit)
  • Public sector college: $3.45 per course hour
  • Private sector college: $11.54 per course hour
  • Secondary school vocational training: $2.31 per course hour

Childcare expenses

Childcare expenses are recognized for each dependent child under the age of 12 and each child between 12 and 17 years of age with a major functional disability (handicap leading to significant persistent limitations in accomplishing daily activities) or a mental disorder. An amount of $595 per term is recognized for childcare expenses for each dependent child.

Transportation expenses

Transportation expenses are recognized for student beneficiaries of the Loans Program for Part-Time Studies who attend a regional educational institution.

An amount of $395 per term is awarded to take account of the additional transportation expenses incurred by a student enrolled in an institution located in one of the following cities, regions or regional county municipalities (RCM):

  • Bas-Saint-Laurent
  • Gaspésie–Îles-de-la-Madeleine
  • Saguenay–Lac-Saint-Jean
  • Côte-Nord
  • Nord-du-Québec
  • Abitibi-Témiscamingue
  • Pontiac RCM
  • La Vallée-de-la-Gatineau RCM
  • Antoine-Labelle RCM
  • La Tuque

To determine the amount of the loan that could be awarded to you, perform the calculation that corresponds to the applicable level of education.