Personal Finance
Better Finances for a Better You
Topic: "Student Loans"
← Curating the web to find the most interesting and helpful
information about your money.
Infographic of the week
Student Budgeting
Save money in school by cooking your own food, renting or borrowing textbooks, using your student discount, and more.
The Student Money Saver Checklist →How To Save Money in University
Saving money in college is one way that could help set you up for financial success after graduation.
Boost your savings while getting a degree →Did you know?
BMP and RBC have indicated that the average student debt is over $26,000 and the interest on private loans and credit cards is likely to be higher than on federal student loans.
Student Debt Statistics In Canada →Word of the week
Student Loan
A student loan is a sum of money borrowed to cover the costs of post-secondary education, including college expenses and other related costs. The primary purpose of student loans is to finance living expenses, books and supplies, and tuition while the borrower is pursuing a degree. Loan payments are often deferred during the time the student is in college and for several months after graduation.
View eligibility details of merit-based scholarships for undergraduate, graduate and postdoctoral studies →Serious stuff
Making financial decisions – including around budgeting, taking out loans or investing – can be daunting, and many college students feel ill-equipped to do so.
Financial Literacy: What College Students Need to Know by Sarah Wood →Did you know?
According to the national average of searches, student loans are the most Googled financial topic, with 2,441,000 searches on average across the US.
The most googled financial topics by state →Did you know?
At the national level, full-time graduate students paid, on average, $7,437 for the 2022/2023 academic year, whereas undergraduate students paid $6,834. This represents a 1.7% and 2.6% increase, respectively, from the previous year.
Tuition fees increase for Canadian undergraduate and graduate students →Budgeting
Attending university is the first time that many Canadian students get to practice real-life budgeting.
Best budgeting tips for university students in Canada →← Curating the web to find the most interesting and helpful information about your money.