Student Financial Services - Debt Reduction Grant Program

Provided by: Government of Prince Edward Island - Department of Workforce, Advanced Learning and Population
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Service Description

Students graduating from a post-secondary program can apply for a grant to help reduce their provincial student loan balance. Maximum grant amounts are:
  • For academic years that commenced prior to August 1, 2018: A grant of up to $2000 per year of study
  • For academic years that commenced after July 31, 2018: A grant of up to $3500 per year of study

Information

Eligibility:
Individuals who have borrowed from the PEI Student Loan Program and who have graduated from a post-secondary institution in the last three years * Must be a PEI resident (living in PEI for a minimum of six months before the application date)
Fees:
No fees
How to Access:
Complete the PEI Debt Reduction Grant Application (available online)
Documents Required:
Completed application form * Copy of degree, diploma or certificate * Loan statement balance from Edulinx * Completed Declaration of PEI Residency Document
Language:
English
Website:
https://www.princeedwardisland.ca/en/information/workforce-advanced-learnin(...)
Coverage Area:
Epekwitk / Prince Edward Island

Service Locations & Contact Info