The financial assistance for which you qualify is initially paid as a loan and, later, if applicable, as a bursary. The amount of your assistance is determined after your financial needs have been assessed. The loan amount is based on your level of education and program of study, as well as on the number of your months of studies.

Amount of loan

The loan is the portion of your financial assistance that you will have to repay once your studies are over.

The amount of your assistance is determined on the basis of your level of education and the type of your program. This figure is multiplied by the number of months you are actively enrolled in studies. This calculation is also used for months durig which expenses are recognized if you withdraw from a course or terminate your studies.

Amount determined on the basis of level of education and type of program

The loan amounts determined by level of education and type of program (subsidized by the Ministère or not) are shown below

Loan amounts for secondary school vocational training
ProgramsAmounts
Subsidized programs (public educational institutions)$212/month of studies
Subsidized programs (private educational institutions)$212/month of studies + compulsory fees 
Unsubsidized programs$212/month of studies + compulsory fees charged by the educational institution
Loan amounts for college studies
ProgramsAmounts
Subsidized programs (public educational institutions)$232/month of studies
Subsidized programs (private educational institutions)$232/month of studies + compulsory fees charged by the educational institution
Unsubsidized programs (private educational institutions)$1002/month of studies
Unsubsidized programs (private educational institutions that receive a grant from the Ministère de la Culture et des Communications)$332/month of studies + compulsory fees charged by the educational institution
Loan amounts for university studies
ProgramsAmounts
Undergraduate$321/month of studies
Master’s and doctoral degrees$426/month of studies
Bachelor’s degree holder$426/month of studies
Programs recognized for the purposes of loans only$1002/month of studies

If applicable, an allowance for training support materials is added to the above amounts. If you are studying at a college or university located outside Québec, a maximum additional amount of $6 000 per period of studies is added to cover compulsory fees charged by the educational institution. 

Financial needs > Amount of loan

If the amount of your financial needs is greater than the amount of your loan for the award year, you will receive a bursary for the difference between your financial needs and the amount of your loan for the given year.

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. 

Amount of Bursary

A bursary is non-repayable financial assistance that could be awarded to you if your loan is not enough to meet your financial needs. The bursary amount corresponds to the portion of your financial assistance that the government repays to your financial institution. The loan-to-bursary conversion takes place at the end of the year, after your income has been verified with Revenu Québec.

If you attend an educational institution that is recognized for loans and bursaries, and the amount of your financial needs is greater than your loan, you could receive a bursary. However, the bursary cannot exceed the maximum allowable amount for the award year.

Maximum bursary amounts

From September 1, 2019 to August 31, 2020

  • $15 094 (secondary school or college)
  • $18 354 (university)

Plus:

  • $4 067 for 1 child
  • $5 148 for 2 children
  • $6 234 for 3 or more children

From September 1, 2020 to August 31, 2021

  • $15 094 (secondary school or college)
  • $18 354 (university)

Plus:

  • $4 067 for 1 child
  • $5 148 for 2 children
  • $6 234 for 3 or more children

Bursary eligibility periods are limited and vary according to level of education and type of diploma or degree.

Loan-to-Bursary Conversion

Your financial assistance is first fully paid to you as a loan. The loan-to-bursary conversion, which takes place after we verify your income with Revenu Québec, consists in converting part of your initial loan assistance into a bursary. During the conversion process, we repay your financial institution the amount of your assistance that corresponds to your bursary, and your outstanding loan balance is therefore reduced.

Using Online Services, refer to the Assistance award section to see when the loan-to-bursary conversion took place in your case. This conversion always occurs at the end of the award year, after you have received all instalment payments and we have checked your income. 

Change in Amount

The amount of assistance that you qualify for could change during the year if your situation or the situation of a person who makes a financial contribution to the cost of your education changes. In such cases, a new assessment will be made and you will receive an email asking you to view it in your Online Services.

Updates to your file and verification mechanisms will lead to a new assessment being made. As a result, the amount of assistance to be paid to you may be increased or decreased.

Declaration of change

You have updated your file because your personal situation has changed (for example, you no longer live with your parents, you are separated, you have a child). You are obligated to inform Aide financière aux études as quickly as possible of any change that could influence the amount of financial assistance that you qualify for.

Student status update

You education institution is required to update your file on a regular basis to confirm the dates of your courses and number of credits or course hours. As only staff at your school’s student aid office can confirm student status information in your file and answer your questions, there is no point in contacting us about these matters.

Confirmation of financial resources

Your financial resources affect the amount of your contribution when your financial assistance is assessed. You are obligated to confirm your financial resources in January in order to avoid suspension of payments.

Verification with Revenu Québec

Each year we check to see if there is a difference between the amount of your financial resources you declared to us and the amount you reported to Revenu Québec.