Common menu bar

Breadcrumb

Canada Student Loans Program 2009-2010 Statistical Review

Introduction

The Government of Canada, through the Canada Student Loans Program (CSLP), provides Canada Student Loans and Grants to eligible Canadians who are attending college, university or trade school. Canada Student Loans and Grants are available across Canada with the exception of Quebec, Nunavut and the Northwest Territories, which operate their own student financial assistance programs.

Since its introduction in 1964, the Canada Student Loans Program has provided close to $34 billion in student loans to more than 4.7 million students. Since 1995 the CSLP has also provided approximately 1 million non-repayable grants to students, totaling over $1.6 billion.

This report highlights the significant changes to the program that were announced in Budget 2008, and took effect on August 1, 2009. ^{Footnote 1}

The need for student financial assistance was particularly acute in 2009-2010, as many families experienced financial hardship because of the economic downturn, and youth were less able to find employment to help finance their education. ^{Footnote 2}

The following information provides a detailed statistical review of the Canada Student Loans Program in 2009-2010. Follow the links below to learn about the students who participated in the CSLP.

¹ The loan year runs from August 1 to July 31. Unless otherwise noted, figures reported in this Review are reported on a Loan Year basis. Return to reference 1.

² EKOS Research Associates, 2009 Survey of Canadian Youth, September 2009. Return to reference 2.