High School TransitionFunding and Scholarship ProgramsPrince Edward Island Student LoansPrince Edward Island’s student loans are designed to provide financial assistance if you can’t afford, but wish to attend a post-secondary institution. The federal and provincial governments approve loans to help in your studies under the criteria agreed upon by the two levels of government. You, however, are mainly responsible for paying for your own education through careful planning, summer jobs and savings. Assistance will be issued on the basis of your calculated need. Under the Student Loan Program, parents and spouses may also be expected to contribute financially to your education. To determine your financial need, resources available to you and your family, if applicable, are subtracted from your total education costs. To qualify for assistance under the Prince Edward Island Student Loan Program, you must:
Prince Edward Island Student Aid Division
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