Top Canadian Student Grants That You Can Apply For In 2024

Every student would like to further their education and get one diploma or the other to get to their destination in life.

The major obstacle to their goal though is the financial part of it, as most students, whether working or not are not financially capable of catering for their education costs.

There are various federal programs in Canada that can aid students including different federal loans that they will have to repay.

In lieu of this option, there are certain Canadian Student Grants that have been designed to offer non-repayable funds to full-time students, full-time students with dependents, students with permanent disabilities, part-time students, and part-time students with dependents.

These Top Canadian Student Grants That You Can Apply For In 2024 have their various eligibility requirements and an income threshold that your family’s income must be under before you can qualify for them.

Top Canadian Student Grants That You Can Apply For In 2024

Canada Grants for Full-Time Students

This federal student grant is awarded to help full-time students cover a sizable portion of their academic expenses. It is designed to help them pursue full-time programs that can help them acquire the skills they need to succeed in life, without the fear of racking up student debts.

Besides certain eligibility requirements, there is a particular threshold that your family’s annual income must fall below before you can qualify for this grant. You can apply for this grant with the province or territory of your residence.

Eligibility Requirements

• You must be a full-time student, i.e. you must be registered for a full-time course at a chosen institution.
• Your family income should be below the maximum income threshold.
• You must reside in a province other than the Northwest Territories, Nunavut, or Quebec.
• You must be in  need of financial assistance from the government.

Income Threshold Eligibility

Below is a breakdown of the income threshold for qualifying for the grant and also for getting the maximum amount according to family size:

1. For a family of one person:

• To qualify, your family’s yearly income should be below $63,615.
• To get a maximum grant, your family’s yearly income should not be up to $32,102.

2.  For a family of two people:

• To qualify, your family’s yearly income should be below $89,004.
• To get a maximum grant, your family’s yearly income should not be up to $45,399.

3. For a family of three people:

• To qualify, your family’s yearly income should be below $106,278.
• To get a maximum grant, your family’s yearly income should not be up to $55,602.

4. For a family of four people:

• To qualify, your family’s yearly income should be below $117,021.
• To get a maximum grant, your family’s yearly income should not be up to $64,204.

5. For a family of five people:

• To qualify, your family’s yearly income should be below $126,929.
• To get a maximum grant, your family’s yearly income should not be up to $71,782.

6. If you are a family of six people:

• To qualify, your family’s yearly income should be below $136,236.
• To get a maximum grant, your family’s yearly income should not be up to $78,634.

7. If you are a family of seven people or more:

• To qualify, your family’s yearly income should be below $144,457.
• To get a maximum grant, your family’s yearly income should not be up to $84,933.

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Canada Grants for Full-Time Students With Dependents

If you are a full-time student with a family that depends on you for their survival, this federal student grant can help you out by providing you with the funding needed to take care of your dependents. You can apply for this grant with the province or territory of your residence.

Eligibility Requirements

Before you can be considered for this grant, you must meet the following eligibility requirements:

• You must be a full-time student at an institution that is backed by the Federal Student Grant.
• You must be need financial aid from the government.
• Your dependents must either be children below the age of 12, or family members over the age of 12 permanent disabilities are considered as dependents.
•  Your family’s yearly income must fall under the maximum income threshold.
• You must reside in a province other than the Northwest Territories, Nunavut, or Quebec.

Income threshold for eligibility

1. For a family of two people:

• To qualify, your family’s yearly income should be below $89,004.
• To get a maximum grant, your family’s yearly income should not be up to $45,399.

2. For a family of three people:

• To qualify, your family’s yearly income should be below $106,278.
• To get a maximum grant, your family’s yearly income should not be up to $55,602.

3. For a family of four people:

• To qualify, your family’s yearly income should be below $117,021.
• To get a maximum grant, your family’s yearly income should not be up to $64,204.

4. For a family of five people:

• To qualify, your family’s yearly income should be below $126, 929.
• To get a maximum grant, your family’s yearly income should not be up to $71,782.

5. For a family of six people:

• To qualify, your family’s yearly income should be below $136,326.
• To get a maximum grant, your family’s yearly income should not be up to $78,634.

6. For a family of seven people or more:

• To qualify, your family’s yearly income should be below $144,457.
• To get a maximum grant, your family’s yearly income should not be up to $84,933.

Canada Student Grants – Students with Permanent Disabilities

Students with one form of disability or the other sometimes find it hard to secure the funds needed for for their education expenses. This is why there are several federal programs, such as the Federal Student Grant, that give them a chance to pursue their goals just like other students.

Federal Student Grant for students with permanent disabilities is a program designed to help student with disabilities cover the costs of higher education. You can apply for this grant with the province or territory of your residence.

Eligibility Criteria

• You must be a student with a permanent disability.
• You must be in need of financial aid.
• You must be registered in a qualified program at a chosen  institution, where students qualify to get Canada Student Loans and Grants.
• You must reside in a province other than the Northwest Territories, Nunavut, or Quebec.

Canada Student Grants for Part-Time Students

Although the majority of students enrolled in part-time programs are working professionals, some learners still find it difficult to adequately cover their education costs. This is where the Canada Student Grants offer Federal Student Grants for Part-Time Students come in. It is designed to help part-time students cater for their education costs so they can enroll in their desired program. You can apply for this grant with the province or territory of your residence.

Eligibility Requirements

• You must be a part-time student. 
• Your family’s yearly income should be below the income threshold.
• If you have been awarded this grant in the past, you are required to have finished the part-time course that you had previously registered for.
• You must be a member of a middle-income or low-income family.
• You must reside in a province other than the Northwest Territories, Nunavut, or Quebec.

Income Threshold for Eligibility

1. For a family of one person:

• Income to qualify – $63,615. 
• Income for Maximum Grant – $32,102.

2. For a family of two people:

• Income to qualify – $89,004.
• Income for Maximum Grant – $45,399.

3. For a family of three people:

• Income to qualify – $106,278.
• Income for Maximum Grant – $55,602.

4. For a family of four people:

• Income to qualify – $117,021.
• Income for Maximum Grant = $64,7204.

5. For a family of five people:

• Income to qualify – $126,929.
• Income for Maximum Grant – $71,782.

6. For a family of six people:

• Income to qualify –  $78,634.
• Income for Maximum Grant – $78,634.

7. For a family of seven people or more:

• Income to qualify – $144,457.
• Income for Maximum Grant – $84,933.

To Conclude:

The cost of furthering one’s education in Canada could be a bit much, especially if as a student, you have one or two family members that depend on you or you have a disability that prevents you from working to earn the needed funds to cater for your education costs.

Peruse this helpful list of Top Canadian Student Grants That You Can Apply For In 2024 so you can take advantage of the funding that they offer.  If you have put your education plan on hold before due to lack of adequate financing, it is time to start making moves again. Good luck!