Focus on yoru future (PEI gov financial info)

8/7/2019 Focus on yoru future (PEI gov financial info)

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Allan CampbellMinister of Innovation and Advanced Learning

Message from the Minister

Dear Student:

It is my pleasure to share with you the 2009-2010 Prince Edward Island StAssistance Program Guide, Focus on Your Future.

Deciding to pursue a post-secondary education is a major decision for bothGovernment, through its Student Financial Services office, offers assistanceto help pay for the costs of a post-secondary education. Student Financialvariety of programs that help to make post-secondary education both acce

This guide will help you and your family better understand the types of assavailable to you. I encourage you to read through the booklet so that youof assistance available to you and what you are responsible for with respecmay receive.

The Department of Innovation and Advanced Learning is committed to helfamilies realize their dreams of pursuing a post-secondary education.

Best of luck in your studies,

Allan CampbellMinister of Innovation and Advanced Learning


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www.studentloan.pe.ca Page 5

Section 1: Changes this Year

1.1 Processing Changes

New Deadline Dates- All applications must be submitted by July 17, 2009 to guarantee your loanis approved before classes start. For all other deadlines, please see Section 12.

Canada Student Grant Programs: The Canada Access and Canada Study Grants have beenreplaced by these seven Canada Student Grants:

Students From Low Income Families

Students From Middle Income Families

Students With Permanent Disabilities

Special Services and Equipment for Students With Permanent Disabilities

Students With Dependents

High-Need Part-Time Students

Part-Time Students With Dependents

Millennium PEI Access Grant and Millennium Scholarship Foundation Bursary: Thesefederal programs will not be available for the 2009 - 2010 loan year. Last year (2008 - 2009) wasthe last year for this program.

Checkwww.studentloan.pe.ca for up to dateprogram information and changes.

www.studentloan.pe.ca

Section 2: Before You Apply

2.1 How Will I Pay for My Education?

Post secondary education is a big investment! It is important that you plan ahthat you are able finance your program of choice.

If you have been wondering how you will pay for your post-secondary edaware of all of your options.

A student loan is just one of the many choices to consider when you are decidprogram. It is a good idea to explore other financial opportunities such as emscholarships to minimize your debt load.

Some of these other options may include the follow ing:

Existing funds/personal savings

Family contributions

Registered Education Savings Plan(RESP)

Jobs - full/part-time work

Bursaries and scholarships

Co-op Programs

Bank loans

Employment Insurance benefits and/or

training allowances

Pension benefits (including CanadaPension and Superannuation)

Assets/investments (stocks, bonds, GICs, RRSPs, etc.)


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S fi i l I tit ti /b k


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www.studentloan.pe.ca Page 43

17.2 Contacts for Negotiating Your P EI Student Loan

Metro Credit Union

Charlottetown

Phone: 902 629-1927

Contact: Laura Bain Christy

[email protected]

Tignish Credit Union

Alberton

Phone: 902 853-4112

Consolidated Credit Union

Borden-Carleton

Phone: 902 855-2066

Malpeque Bay Credit Union

Kensington

Phone: 902 836-3030

Montague Credit Union

Montague

Phone: 902 838-3636

Morell Credit Union

Morell

Phone: 902 961-2735

Stella Maris Credit Union

North Rustico

Phone: 902 963-2543

Central Credit Union

OLeary

Phone: 902 859-2266

Metro Credit Union

Stratford

Phone: 902 569-6900

Consolidated Credit Union

Summerside

Phone: 902 436-9218

Tignish Credit Union

Tignish

Phone: 902 882-2303

Evangeline Credit Union

Tyne Valley

Phone: 902 831-2900

Evangeline Credit Union

Wellington

Phone: 902 854-2595

Loans issued prior to August 1, 2001: Contact the financial institution/bank

www.studentloan.pe.ca

Some financial Institutions/banks:

- CIBC 1 800 563-2422

- Royal Bank 1 800 565-1446

- National Bank 1 877 926-9477

- Scotia Bank 1 888 284-3044

- PEI Credit Unions (see listing below)

Loans issued after August 1, 2001: Contact your PEI Credit Union branch

Student Financial Services

Department of Innovation and Advanced Learning

16 Fitzroy Street, 3rd Floor, Sullivan Building

PO Box 2000

Charlottetown, PE C1A 7N8

Phone: 902 368-4640

Fax: 902 368-6144

E-mail: [email protected]

Website: www.studentloan.pe.ca

Office Hours Monday to Friday

June 1, 2009 - October 2, 2009 8:00 am to 4:00 pm

October 5, 2009 - May 28, 2010 8:30 am to 5:00 pm

17.3 Student Financial Services

Documents

Focus on yoru future (PEI gov financial info)