Parental Contribution
Parents on Salaried Income
Estimated expected parental contribution
Parents are expected to help pay for your education if:
- you are single and have been out of high school for four years or less
The amount your parents are expected to contribute depends on:
- their resources
- the size of your family
- the number of children in your family who are attending post-secondary studies. (The expected contribution amount is divided by the number of children in post-secondary studies.)
Parents are not expected to help pay for your education if:
- you have been working or available to work full-time for two years during the four years since you have been out of high school
Parental Contribution Calculator
A Parental Contribution Calculator is available on canlearn.ca. The calculator helps parents estimate the amount of money they should contribute to their children's education. The estimates are based on assessment tables for the 2009-2010 academic year.
Parents Experiencing Exceptional Financial Hardship
If your parents are experiencing exceptional financial hardship and cannot provide the expected parental contribution, they should write a letter explaining their situation. Include this letter with your application. Exceptional circumstances include events such as:
- loss of income due to layoff or medical emergency
- reduced income due to farming conditions
- loss of home or business by fire
- essential home repairs or renovations
|