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Pen and Paper

FINANCING MY EDUCATION

Here are a few ideas to tackle the finance side of your Bible College education. While not all tips will apply to you, hopefully you can find a few nuggets of wisdom to act on.

Tax savings can “pay” for over 29% of your tuition costs.

You could find savings of over $3,000 by claiming all eligible tax credits!

Student loans are a great way to help you pay for your post-secondary education. For many students, it makes all the difference between money saved for school and the cost of actually going to school.

Manitoba Student Grants

The Manitoba Bursary

Students are automatically considered for this program when they submit their application for Canada and Manitoba Student Loans. Indigenous learners who self-identify may be eligible for additional Manitoba Bursary.

Other types of government funding at a glance.

A Canada Student Grant is money you receive to pay for college or university that you don’t have to pay back. It is essentially “free money”.

Estimate your Student Financial Assistance. Canada Student Grants are available to students from most provinces and territories except those from the Northwest Territories, Nunavut and Quebec. These governments have their own student financial assistance programs. If you qualify for a Canada Student Loan, you are automatically assessed for most Canada Student Grants, with the exception of the Grant for Services and Equipment for Students with Permanent Disabilities, which requires a separate application. You may be eligible to receive more than one grant. The following Canada Student Grants are available:

RESPs (Registered Education Savings Plans)

Educational Assistance Payments (EAPs) from a government approved RESP can help a beneficiary student finance the cost of their post-secondary education.

Read this RESP Fact Sheet for more information.

Microsoft Office for Students

Did You Know… as a student at SBC you are given a free license to use the latest subscription of Microsoft Office 365 for the duration of your studies.

After you are registered as an SBC student, you may subscribe to your free copy of Microsoft Office 365.

Also as a student you will receive 1TB of storage space on Microsoft’s OneDrive service.

Learn more about post-secondary education costs that students face while studying, including how to pay for these costs as well as things to think about after leaving post-secondary studies.

This website is brought to you by the Manitoba Institute for Policy Research, based in the Department of Political Studies in the Faculty of Arts at the University of Manitoba. While this resource comes from a Manitoba university, it is designed to be applicable to students in different types of post-secondary education and at different points in their post-secondary journeys.

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