Need money for your post-secondary education? Here are some tips to help you find the money you need without ruining your finances.

1. With regard to scholarships, act quickly

• Scholarships can be a benefit for students who have not exactly distinguished themselves in school. Scholarships vary according to need, not merit.
• That said, speed is especially important when it comes to purses.
• Some are awarded as applications from qualified students until the money is exhausted, so apply as soon as possible.

2. Do not spread your financial situation too much

• With regard to your financial situation, only identify and report the value of the assets requested.
• If you are not asked about the value of your mother’s old, jewelry, for example, do not talk about it.

3. Submit an addendum

• You do not have to disclose unnecessary assets. You must talk about unproven difficulties on financial aid forms.
• For example, if you have just lost your job, say so. If you are funding four courses at the same time, mention it as well.
• Make sure you have the documentation to justify it.

4. File a file each year

• You may think that your situation has not changed, but even a small increase in debt or reduction of an asset can make a big difference.
• Submit your financial assistance forms each year.

5. Go for a government student loan

There are some big advantages to negotiating a loan through the government student loan program:

• You do not pay interest as long as you are a full-time student.
• You can deduct interest on your student loan once you begin to repay it.
• When you graduate, if you are underemployed or in a difficult situation, you may be eligible for loan cancellation or interest relief.

6. Switching from full-time to part-time: cost

Switching from full-time to part-time can be costly.

• Full-time students and part-time students can get student loans. The generosity of the government to offer interest payments to you, however, tends to apply only to full-time students.
• Removing a few courses might force you to make payments on your loan while you are still a student.

7. Do not lose contact with your lender

• Once the school year is over, it is up to you to notify the student loan center.
• You must also provide supporting documents to show that you will return during the fall.
• If you do not do it within the next six months, you will be required to start paying out the payments for your loan.

8. Opt for cooperation

• Many Canadian universities now offer co-op programs that include co-op work periods throughout the school year.
• You can accumulate valuable experience through these programs, and they will help you self-finance.

University is expensive, but staying focused on your student finances can enable you to get away with less debt and less stress. Be honest and always be on the lookout for new opportunities to charge someone else.