Financial Aid Options

Financial Aid in British Columbia

Student loans are interest free government advances designed to assist post-secondary students in paying for their education while they are actively engaged in their studies. This form of financial aid must be repaid upon completion of your degree.  B.C. student loans require that you receive at least 20 hours of instruction each week or a minimum of 60% load or 12 hours per week (40% or 8 hours  for students on disability) to get funding as fulltime student: only eligible students in the full-time format of Master of Counseling program could qualify for full time funding.  Students in the Saturday and the Mixed-Modes setups can only apply for part time students loans.

Watch a repayment presentation video from the National Student Loans Service Centre to understand your options a little better.


Explore overall funding options in BC (refer to the other links below for specifics):

Applying for funding

The process is different for full-time and part-time students:

1)      Fulltime application

  • Application deadline: You can apply for fulltime student funding if you carry a minimum load of 12 credits per term (8 credits for students with disabilities).  Additional information (use the online application for expediency).
  • Additional information available at Student Aid BC
  • Application deadline:  You  apply for full-time student loans up to  6 weeks before your study program ends by providing  all the compulsory documentation.
  • Although you do not need to be actively registered into your study program before applying for student assistance, you will however not receive the money until the University confirms your fulltime enrolled in full-time and the beginning of your study period

2)      Part time

  • The in-class (Saturdays)  and the mixed-mode cohorts of the Master of Counselling  programs are considered part time by this definition and therefore students taking the Mixed-Mode or Saturday program do not qualify for Fulltime Students Loans (Except for students on disability or those who qualify for part time studies).
  •  You can apply for part-time student funding if you taking few  than 12 credits per quarter. Additional information available at Student Aid BC

Maintaining an Interest Free status.  Students with previous loans can prolong their interest free period if they return to school before they grace period. Link here for additional information at Student Aid BC

Repaying your StudentAid BC loan.  Information about how to repay your loan.

Please click here for an important notice on a major change in the National Student Loans Service Centre (NSLSC) notification process.

New CSLP online services: Canada Student Loans Program (CSLP) in collaboration with DH Corporation (National Student Loans Service Centre) and other stakeholders launched on November 18, 2019 three new online services for CLSP students:

  • Virtual Repayment Counsellor
  • One-time payments
  • Communicating missing financial institution (banking) information

For more information, please see the CSLP November 2019 Release and the Benefits of CSLP Program documents provided by CLSP that include an overview of the new features and their benefits

National Student Loans Service Centre (NSLSC) online webinars are available on demand to educate students about their loans in general (Orientation Presentation) and about what to do once they leave City U with regards to paying back their student loan (Repayment Presentation).

Financial Aid in Alberta

Student Aid Alberta assists eligible Albertan post-secondary students.

Explore overall funding options in AB (refer to the other links below for specifics):

* Notices for students receiving loans

Please click here for an important notice on a major change in the National Student Loans Service Centre (NSLSC) notification process.

Other Funding Options

  • Check the Canadian federal government CanLearn website for grants, bursaries and scholarships
  • Use the Canadian government’s Lifelong Learning Plan (LLP), which lets you withdraw repayable amounts from RRSPs to finance training or education; learn more here or consult your financial institution
  • Ask your bank about personal educational loans
  • CityU awards scholarships four times each year. Learn more about scholarships.