A few times, I’ve received this question from students of mine who were in the enviable position of having a lot of scholarship offers and government money for university. They asked whether the scholarships and government money should be the main factor to decide which school to attend.
In one case, my student’s daughter had her heart set on one university, but had more money offered for a different school.

Student loan consolidation is the process of taking multiple outstanding loans and reorganizing them into a single loan, sometimes with a longer repayment period and therefore a lower monthly payment. If you’re in serious debt and ineligible for student loan forgiveness, consolidation could offer the solution you need. Here’s what you need to know.

Canada and Alberta student loans require a paper application for the first year, but online in subsequent years. Photo: University of Alberta. $748 million in Canada and Alberta student loans and grants were given out in 2012, and even more is expected to be allocated this year.

Did you know that many local governments have grants that are not publicized? Some communities have funding set aside, but they don’t publicize it. Often, the only way to find out about available funding is to call or visit your government offices, find the resident grant expert, and inquire about available programs. The best example of this is someone from my own office who wanted a grant to help her with a down payment on a new house.

Prosper Canada has announced that 16 community organizations have been awarded a total of $1.1 million through the concluding round of its TD Financial Literacy Grant Fund.

The TD Financial Literacy Grant Fund is administered by Prosper Canada and supports organizations that deliver financial literacy programming to people living in low income and economically disadvantaged circumstances across the country. This is the final granting round of the Fund which will end, as scheduled, in December 2015.