Monthly Living Allowances for 2007-2008
| Single student living with parents |
$412* |
| Single student living away from parents (based on shared accommodation) |
$897 |
| Single parent with one child |
$1,551 + $428 per additional child + child care |
| Married/common law couple - no children |
$1,784 |
| Married/common law couple - with children |
$1,784 + $428 per child + child care |
*Single students out of high school less than 4 years whose parents reside within commuting distance of the school are expected to live in their parents' home.
Commuting is a distance a student can travel daily either using the public transit system or a personal vehicle. Public transit system means regular daily bus service (ie. Edmonton Transit System or Calgary Transit System). This does not include service offered by Greyhound Bus Lines, Red Arrow, or other commercial bus lines.
Child Care Subsidy
If you have child care costs for preschool children, you may not be aware that all eligible Albertans may qualify for the Child Care Subsidy Program. Click on the link to get complete information about the
Child Care Subsidy or to try the Estimator.
Maximum Loan Increased
Students may be eligible to a maximum amount per academic year, Alberta Student Loan and Canada Student Loan combined. The maximum loan limit for the 2007-2008 academic year is $13,000. Any student qualifying for grants or government bursaries may receive those as well as the loan maximum. If studying for only one semester, all loan and grant maximums are half the amount.
