Manage your debt


You will need to plan and budget to afford post-secondary programs and the additional expenses like textbooks and stationary supplies.

Education costs

Education after high school is a great investment but it's a great idea to plan what your costs are going to be.

  • Cost Breakdown
    learn what you'll have to pay for while in school, and why prices can differ.
  • Tuition
    find out how much students are paying for post-secondary education.
  • Cost of Living Calculator
    get an idea of how much it will cost for basic necessities in different regions of B.C.

Budgeting during school

Find programs and services to help you plan and add funds to your budget.

Loan repayment

If you're planning on taking out a student loan, it's important to prepare for repayment. Use this loan repayment estimator to calculate the estimated monthly payments you'll need to make to repay your loan and how much your loan will cost with interest.


Loan repayment calculator

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Instructions

  1. 1 Enter the total amount of your loan(s)
  2. 2 Select the number of years you think you will take to repay your loan. A typical loan repayment period is 10 years.
  3. 3 Calculate your estimated monthly payment.
Note: This tool is for informational purposes only. Your actual loan repayment amount may vary.

Notes


What is a “non-repayment period”?

The non-repayment period is the period between the end date of a student’s program of study or the date on which a student withdraws from full-time studies and the repayment date, which is normally six months after the study period end date. Interest on the student’s loan accrues during this period.

What interest rate do I pay on my loans?

The interest rate for the Canada portion of your Canada-B.C. integrated student loans is the prime rate plus 2.5 per cent. As of August 1, 2017, the interest rate for the B.C. portion of your integrated student loans is the prime rate.

Note: The information you enter is not shared, saved, stored in a database, or used for any other reason. This tool is based on the CanLearn.ca tool.