New Brunswick Student Loans and Grants
Student aid in New Brunswick is administered by Student Financial Services. The federal and provincial governments work together to help students pay for post-secondary education. With one application each year, students are considered for financial assistance, which may include student loans, grants, and bursaries from both levels of government.
Student loans must be repaid, while grants and bursaries do not. Funding is available for full-time and part-time students and is based on factors including family income.
What the program can help pay for:
- Tuition and other mandatory fees
- Books and supplies (when applicable)
- Return transportation
- Childcare (if applicable)
- Living allowance (full-time students only)
- Incidental allowance (part-time students only)
- Computer-related costs (full-time students only)
Student aid is needs-based and intended to supplement, not fully cover, costs. The official page suggests exploring additional resources such as employment, internships, bursaries, scholarships, savings, and family support.
Eligibility
Specific income thresholds or eligibility for new immigrants are not listed on the official page. Aid is based on need, considering family income. Contact Student Financial Services for details.
How to Apply
Register or sign in to the NB Student Aid Portal to apply, upload documents, and receive notifications.
Processing Time
Once all documents are submitted, applications are normally processed within three to five weeks, and funding reviews within four to six weeks. The website updates current processing dates; check for the latest information.
Receiving Your Funding
After submitting all required documents, applications are usually processed within two to four weeks. You will receive a Notice of Assessment showing your funding amount and release date.
First-time applicants or those returning after a two-year break will receive a 10-digit number on their Notice to complete a student financial assistance agreement. You typically complete this once. Within days, you'll get a welcome email from the National Student Loans Service Centre (NSLSC) to set up an account and complete the agreement.
Once the agreement is complete and your school confirms enrolment, funding is released. A portion may go to the school for tuition, and the rest is deposited into your bank account.
If you remain in school but do not reapply, you must notify the NSLSC to avoid early repayment. Keep your contact information updated with both NSLSC and Student Financial Services.
While in full-time studies, loans are normally payment-free, but part-time students must begin repaying previous full-time loans.
Contact
For questions about funding deposits or repayment, sign in to your NSLSC account or call 1-888-815-4514 (or 1-800-225-2501 outside North America). Student Financial Services: 1-800-667-5626. Hours: Monday to Friday 8 a.m. to 7:30 p.m., Saturday 9 a.m. to 1 p.m., excluding holidays.
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