Tuesday, June 19, 2007

Student Loans in British Columbia, Canada

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This article is for those who need student loans for their college education in British Columbia, Canada.


Most university students go to UBC, (University of British Columbia), but there Universities all over the province.   


There’s an amusing video at the bottom of the article, where a couple of UBC students can’t open a bottle of champagne.  


Students attending university or college in B.C. can apply for both provincial and federal students loans using one convenient form. B.C. Student loans are administered by the British Columbia Ministry of Education on behalf of the government of BC and also the federal government of Canada.


One area that all students should be aware of is that the government of B.C. considers the loans from the federal government and the British Columbia government as two separate loans.


As a result when you graduate, each student is expected to make their own arrangements for separate loans for repayment purposes with designated banks. This is important for all students attending university in the B.C. province.


Students will require loans for all sorts of purposes. One thing a student can do is to draw up a budget that includes the books they are going to need for their courses at university, the rent they will pay for their dorm or student housing, food and entertainment and any transportation they may need to help them get home once and a while to see their parents and friends at home.


Once you have your budget put together, students should add all sources of income including student loans that they may be eligible for, part time jobs, savings and even help from mom and dad.


Your student budget should also include a clothing allowance and also a small emergency fund, just in case you need something you did not plan for. Loans for students in BC can be a really big help, some times making the difference between going to college or university and not attending at all.


British Columbia Student Loans Produce Brilliant Students



 

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