The Newfoundland and Labrador Tuition Relief Grant Program is a government initiative in Newfoundland and Labrador, Canada. It was introduced to provide financial assistance to eligible post-secondary students by reducing the burden of student loans.
Under the program, eligible students could receive a non-repayable grant that covered a portion of their tuition costs. The Government of Newfoundland and Labrador has created a needs-based Tuition Relief Grant Program to offer a maximum of $3,450 per academic year to eligible students. Eligibility for the Tuition Relief Grant will be based on the existing student aid program. The funding will be available to residents who:
- have graduated from a high school in Newfoundland and Labrador;
- have enrolled in full-time studies at Memorial University in a bachelor level-degree program; and
- who qualify for need under the provincial student aid program.
Provincial student financial assistance includes weekly maximums for full-time students of $200 per week ($100 per week in loans and $100 per week in grants).
StudentAidNL may convert up to the full amount of provincial student loans into non-repayable grants for eligible students graduating from eligible programs through the Newfoundland and Labrador Debt Reduction Grant Program.
Eligibility For Newfoundland and Labrador Debt Reduction Grant Program
Graduating students are eligible for a Debt Reduction Grant if:
- Within ten years after the program start date, they graduate from a post-secondary program within the province with a bachelor degree.
- Graduate from a program of study within Newfoundland and Labrador that is not fewer than 80 weeks in duration.
- Borrow more than $165 per week for each period of study.
- In accordance with the standards of the educational institution attended, pass 80% of a full course load in each period of study.
- Apply for and be considered eligible to receive financial assistance for at least 50% of the required length of their program of study. This does not include the time spent in a work term during which the student did not receive financial assistance.
- In certain situations, students may qualify for a Debt Reduction Grant if they are taking less than 80 per cent of a full course load. For example, students approved by StudentAidNL for assistance for full-time studies while taking less than 80 per cent of a full course load and students with permanent disabilities.
Responsibility for finalizing eligibility for the Newfoundland and Labrador Debt Reduction Grant Program rests with graduating students. There is no separate or designated application form. StudentAidNL does not know when or if students graduate; therefore, it is the explicit and direct responsibility of students to notify StudentAidNL when graduation occurs.
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