Canada Student Grants & Loans 2025 : Qualified students in Canada can access valuable financial support through the Canada Student Grant for Full-Time Students, which provides up to $4,200 annually or $525 per month in 2025 under the CRA Student Grants & Loans program. To qualify, applicants must demonstrate financial need, enroll full-time in a recognized institution, and meet specific income thresholds based on family size. For instance, a single student from a household earning less than $36,811 may be eligible for the maximum grant.
In addition, a loan forgiveness program supports graduates working in underserved rural or remote communities. Professions such as family doctors, nurses, dentists, pharmacists, psychologists, teachers, social workers, and personal support workers may qualify for partial loan forgiveness.
Canada Student Grants & Loans 2025 Overview
| Category | Details |
|---|---|
| Country | Canada |
| Year | 2025 |
| Official Website | www.canada.ca |
| Program | CRA Student Grants & Loans |
| Category | Canada Finance |
Eligibility Requirements
Financial Need: Applicants must show genuine financial difficulty.
Enrollment: Must be enrolled full-time in a designated, accredited program.
Income Threshold: The qualifying family income varies with household size. For example, under $36,811 for a single individual allows eligibility for the full grant.
Types of Grants in 2025
Full-Time Students’ Grant: Up to $4,200 annually or $525 monthly.
Income-Based Variation: Depending on family size and income.
Special Support Grants: Available for part-time students, students with disabilities, and those with dependents.
Student Loan Provisions
Weekly Loan Limit: Temporarily increased to $300 per week.
Loan Forgiveness Program: Offers up to $16,000 in forgiveness for certain healthcare professionals, social workers, and teachers in underserved locations.
Additional Benefits in 2025
Tuition Tax Credit: Deduction of eligible tuition fees (up to $5,000 per year).
Student Loan Interest Deduction: Reduces repayment obligations.
Canada Training Credit: Refundable credit accumulating $250 annually (lifetime max $5,000).
Tax-Free Threshold: Students earning below $15,000 are exempt from federal tax.
Moving Expenses Deduction: Available if relocating at least 40 km closer to a study institution.
RESP (Registered Education Savings Plan): Supports long-term education funding.
FAQs on CRA Student Grants & Loans 2025
What is the Canada Student Grant?
It’s a government-funded financial aid program offering up to $4,200 yearly for eligible full-time students, with additional grants for special cases.
How much can a student borrow under loans?
Students can borrow up to $300 weekly, with repayment benefits and forgiveness for certain professionals.
Do these benefits include tax relief?
Yes, students may qualify for tuition credits, interest deductions, and tax exemptions depending on their earnings and education-related expenses.