September 5, 2008, Newsletter Issue #84: Funding a Canadian Distance Education

Tip of the Week

Obtaining funding for a Canadian distance degree does not need to be difficult. For Canadian citizens and permanent residents of Canada who wish to pursue an online degree, there are various options available:
Provincial student loans.Federal student loans.Private bank educational loans.
Canada millennium scholarships.Scholarships from the academic institution.Private financing from the distance university.To be recognized and receive government funding for full time distance education, a student must be enrolled in at least a 60 percent course load. The same requirement applies to Canadian on campus studies. The 12 universities that make up the Canadian Virtual University offer a variety of scholarships for Canadian online degrees. These scholarships are not limited to Canadian residents and are often available to international students. International students requiring funding for Canadian distance studies should check with government and private loan options in their home country.

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