HELP! I NEED $$$$ FOR MY POST-SECONDARY EDUCATION.

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Presentation transcript:

HELP! I NEED $$$$ FOR MY POST-SECONDARY EDUCATION

SOME INTERESTING FIGURES… Average Alberta post-secondary tuition in 2015/2016 is $5959 Average post-secondary tuition for Canada in 2015/2016 is $6610 Mandatory fees in Alberta Post-secondary range from about $1000 to $1700 Books/supplies cost between $1307 and $1717 for two semesters 77% of students borrow for post-secondary education The average debt is $27 000 and takes 10 years to pay back. 51% of Canadians have a post-secondary education compared to 32% of other developed countries

Animal Health Technologist MORE FACTS AND FIGURES Animal Health Technologist Olds College Lakeland Tuition $6376.50 $5958.00 Mandatory Fees $1600 $1000 Books and supplies $1300-1500 Average off-campus Rent $671/month $533/month Average residence Rent $5680 -$6200/year $3400 - $4000/year Meal Plan Included $1035 Parking Pass $67.10 – $480/year $200 Bus Pass _

WHERE MAY WE GET THE $$$ MONEY? $$$ RESP’S or other Savings Plans Parents and/or Other Kind Relatives Summer Jobs or Part Time Jobs Earn While You Learn Free Money Loans

EARN WHILE YOU LEARN Apprenticeships - On the job training in a trade - Work for approximately 1500 hours, then go to school for about 8 weeks - Many scholarships available - Financial aid through grants or EI Cooperative Education Programs - Work in your field for certain periods during your program

FREE MONEY! Money for education that doesn’t need to be paid back Scholarships - Academic achievement - Leadership - Extra-curricular contribution - Volunteerism Bursaries - Awarded by post-secondary and others - Based on need rather than marks - Sometimes have strings attached Grants - Awarded by government - Based on need

Scholarship Searching Websites www.alis.alberta.ca Click on Scholarships and Bursaries (left side of screen) Under Find and Apply for Scholarships and Bursaries, click on the scholarship categories that might apply to you.

More interesting Scholarship Sites http://scholarshipscanada.com/ www.studentawards.com http://www.augustana.ualberta.ca/admissions/info/afa/external http://www.pwsd76.ab.ca/Scholarships/Pages/default.aspx

STUDENT LOANS Student Loans Most must be paid back with interest! - Governments of Canada and Alberta sponsored - Must qualify - May borrow up to $6 650/semester ($13000/year), $60 000 total - Begin repayment with interest after leaving school - Some part of student loans may be forgiven for low income students - For more information on student loans, see your career counsellor or administration Most must be paid back with interest!

BANK LOANS All must be paid back with interest! Personal Loan Line of Credit Credit Card Banks have student plans: - pay interest only on line of credit - lower interest rates - $10 000 to $15 000/year - Interest must be paid while still in school All must be paid back with interest!