Whats the difference between a Canada Student Loan and a Canada Student Grant in terms of repayment?
A. Loans are repayable while grants are not. When you receive a Canada Student Loan, you have to begin paying back the loan six months after you complete or leave your studies. Interest will accumulate during that six-month period. When you receive a Canada Student Grant, you do not have to pay the money back.
Related Questions
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- Whats the difference between a Canada Student Loan and a Canada Student Grant in terms of repayment?
