For many students, loans are a useful way to help cover the costs of post-secondary studies.

In Canada, federal, provincial, and territorial governments offer student loan programs. Private institutions such as banks, trust companies, and credit unions may offer student loan options as well.

It is important to fully review and understand the terms of your loan, whether through the government or a private institution, including repayment terms, before borrowing.

The internet has become the primary source of information on student loans. For Canadian students:

Our financial aid and awards counsellor is also available to discuss your funding options: financialaid@mta.ca


U.S. Stafford loans

Mount Allison is also able to assist American students in identifying your eligibility to obtain funds from the William D. Ford Federal Direct Loan Program.

Find out more about U.S. student loans from the Registrar’s Office – financial aid.