# data[].attributes.body
This page is about Student Loan Debt. Student Loan Debt is a type of debt that is acquired by a student during the time they were in a post-secondary school. Here I will be providing information that you might need on Student Loan Debt. There will images, videos and websites you can view to help get some insight on Student Loan Debt.

# data[].attributes.body
This image explains about what you should and shouldn’t do when it comes to student loans. I chose this image because it looks useful to students who are not aware what to do with their student loans.

# data[].attributes.body
This image explains about nine ways on how you can pay off your Student Loan Debt faster. I chose this image because it looks like it might be useful to students who are new to carrying debt and not sure on what are some ways to paying them off faster.

# data[].attributes.body
This video explains about the pros and cons of whether to apply for Canadian student loans. Many students just go right into applying for the student loan without knowing what they’re getting into. Watching this video will help you decide whether if it’s better to apply for the student loan or to ask parents to cover for it or to work part-time and cover the expenses. It also talks about student bursary and scholarship. If you have the requirements to meet the bursary or scholarship, that’s free money for you. I chose this video because it helps to decide and to weigh in every factor before applying for the student loan.

# data[].attributes.attachment_link.title
The Pros And Cons Of Canadian Student Loans

# data[].attributes.body
This website explains about whether having a student loan is good or bad especially when the situations have changed due to covid-19. This website gets into details about how a student loan can impact your future investments in a good and bad way. I chose this website because now that situations have changed many students might benefit from reading this link. There’s a lot of new information out there and many students are not aware of it. This source talks about how it impacts your mortgage, auto loans, credit report, and any other loan you apply in the future.

# data[].attributes.attachment_link.title
Are Student Loans Bad or Good Debt? Here's What You Need to Know

# data[].attributes.attachment_link.description
How Student Loan Hero Gets Paid Advertiser Disclosure Note that the situation for student loans has changed due to the impact of the coronavirus outbreak and relief efforts from the government, student loan lenders and others. Check out our Student Loan Hero Coronavirus Information Center for additional news and details.

# data[].attributes.body
This website is about how to apply for OSAP. In this source you could find information on when to apply, how to apply, list of documents you mind need to apply, how to find your financial aid office. I chose this website because it can be beneficial to students who are new to all of this. I had an older sibling to help me go through all of this, but there are many students out there, who are the first child and might not have the help to guide them through the whole OSAP application. This link is very easy to follow through and can help those students who are lost.

# data[].attributes.attachment_link.description
Find out how to apply for OSAP. Apply now

# data[].attributes.body
This website explains about other ways to find money to cover for post-secondary schools. Apart from OSAP there are other ways like grants, scholarships, and bursaries. This website also helps you find these sources based on what schools you are going to and gives information on what are the requirements. I chose this website because it is very informational like it explains about each source and how they work. Based on the school, it tells you how you could find, what you need in order to qualify. This can help students that can’t qualify for OSAP, students who are not getting enough OSAP or even if students need the extra cash.

# data[].attributes.attachment_link.readable_text
Ontario Student Assistance Program (OSAP)

is Ontario's flagship student support program, offering a mix of grants and loans to thousands of students each year.

Financial aid from schools

You can check with a college or university directly to see what financial aid programs they offer.

You could be eligible for:

bursaries

scholarships

work-study programs

summer employment opportunities

These are all sources of money you don't have to pay back.

Emergency loans

Most schools also offer emergency loans. For example, you could be eligible for a short-term loan (90 days) to cover tuition, if you're waiting for OSAP to arrive.

Start with your financial aid office to learn what is available.

Scholarships and bursaries

Find out about other scholarships and bursaries through:

Graduate students: apply for the Ontario Graduate Scholarship or the Queen Elizabeth II Graduate Scholarship in Science and Technology at your school's graduate office. You can get $5,000 per term, to a maximum of $15,000 for an academic year.

Bank loans

Banks, trust companies and credit unions offer student loans and lines of credit. Talk to your financial institution for information.

Self-funded

It's a good idea to save money from a summer job or job you hold throughout the year to help pay for your education.

Your parents or other relatives might also be able to contribute to education costs.

Another option is to consider investing savings through a bank/financial institution - so that money can earn interest - if you plan to attend college or university in the future.

# data[].attributes.attachment_link.title
Student loans, grants, scholarships and bursaries

# data[].attributes.attachment_link.description
is Ontario's flagship student support program, offering a mix of grants and loans to thousands of students each year. You can check with a college or university directly to see what financial aid programs they offer. You could be eligible for: bursaries scholarships work-study programs summer employment opportunities These are all sources of money you don't have to pay back.

# data[].attributes.body
This website has information on how students can repay back OSAP. It explains about how the whole repayment system works, what happens if you don’t pay back and declare bankruptcy. To avoid students from declaring bankruptcy they are offering assistance so that students can repay on their terms. I chose this website because it can be beneficial to students who aren’t aware of how repayment works and so that students can know where to go to get assistance, to avoid them from declaring bankruptcy at a young age. This way it can allow students also to save on the side for future investments and not having to put their full pay cheque to repaying the loan only.

# data[].attributes.attachment_link.readable_text
Ontario.ca needs JavaScript to function properly and provide you with a fast, stable experience.

To have a better experience, you need to:

1. Go to your browser's settings

2. Enable JavaScript

Le site Ontario.ca exige JavaScript pour fonctionner comme il faut, avec rapidité et stabilité.

Pour avoir une meilleure expérience, vous devez :

1. Accéder aux paramètres de votre navigateur

2. Activer JavaScript

# data[].attributes.attachment_link.description
Ontario.ca needs JavaScript to function properly and provide you with a fast, stable experience. To have a better experience, you need to: Go to your browser's settings Enable JavaScript Le site Ontario.ca exige JavaScript pour fonctionner comme il faut, avec rapidité et stabilité.

# data[].attributes.body
This video explains about a strategy which could help a student to pay off the student loan faster. In this video, the person explains about different ways a student can pay off the student loan, what loan to pay off first and which strategy worked best for them. I chose this video because hearing from someone else’s prospect about their personal experience could give an idea to the student on how to go about paying off the student loan faster and it can give the student assurance that the strategy might work.

# data[].attributes.attachment_link.title
The BEST Strategy for Paying off Federal Student Loans FAST (It’s not what you think!)

# data[].attributes.body
This video talks about why students should pay off student loans before investing. I chose this video because many students might have the money to pay off but choosing not to, but by paying the student loan off you avoid paying more interest and you will be one down from being debt free. Also, down the road it will make it easier for you to save for a down payment on a house or something else you have in mind. Having a student loan can increase your debt-to-income ratio, which can affect your chances of qualifying for future loans or possibly getting a better interest rate.

# data[].attributes.attachment_link.title
Why You Should Pay Off Student Loans Before Investing

# data[].attributes.body
This video talks about the struggles many Canadian students go through to pay off their student loans. I chose this video because many students might feel overwhelmed in paying off their student loans and watching video will make them feel like they’re not in this alone. If a student does feel like they are one of those Canadians that may struggle to pay off their loan, watching this video can help them to strategize to plan and budget properly so that they don’t feel overwhelmed.

# data[].attributes.attachment_link.title
Which Canadians may struggle the most to pay off their student loans?