When it comes to saving and planning for your student's university education, it is important to know your options and to start planning as early as possible.
We've compiled a list of popular options you and your student can look at to help with university expenses:
- Registered Education Savings Plan
- Canada Education Savings Grant
- Student Loans
- Private Student Loans and Student Lines of Credit
- Scholarships, bursaries, awards
For students in receipt of government student loans, note that there is an expectation of parental contribution that is calculated on the basis of parental income until such time that the student is deemed to be independent of their parents; generally when they have been out of high school for 4 years or more.
For more information on government student loans and expected parental contribution, click here.
To estimate the amount of money that parents may be expected to contribute to their student's post-secondary education, check-out the Parental Contribution Calculator available through Canlearn.ca.
Confidentiality and Access to Information
Parents should note that, in accordance with legislation in The Freedom of Information and Protection of Privacy Act, KPU cannot release student information to any third party (including immediate family, parents, etc.) without prior written consent. In cases where students require a third party to act on their behalf, they can obtain a Third Party Waiver/Release of Information Form at Student Enrolment Services (SES) on any KPU campus.
For more information and resources for parents please visit: Future Students' Office