Apply for Loans and Grants

Students can now access the following applications:

• 2023-24 Full-time application
• 2023-24 Part-time application

Reference the following materials for help with completing the full-time post-secondary application for financial assistance: 

• How to apply
• Loans and Grants Funding Guide
• Full-time Application Worksheet 2023-2024 

A new resource called the Part-time Application Process helps students complete the part-time application for financial assistance. Reference the information on Section 5, which (once authorized by a school official) must be returned to the student to ensure their information is complete before they submit their application. 

2023-24 Program Updates 

The What's new section highlights updates to the Alberta Student Aid program, systems and policies that are effective August 1, 2023 to July 31, 2024. In addition, the Alberta Government will implement several measures to improve affordability for post-secondary students on July 1, 2023:

• Reduce interest rates on Alberta student loans to the prime rate;
• Alberta student loan interest-free grace period is extended from six months to 12 months (benefits students who completed their studies on or after Dec 1, 2022); and
• Income thresholds for the Repayment Assistance Plan increase from $25,000 to $40,000.

Please contact financialaid@ambrose.edu if you have any questions.

We are having a summer scholarship special offer for 2 of our programs!! This summer only, for new seats into the programs of Business or Social Sciences, we are offering an additional $1,500 while the money is still available. Don't miss out!!! Apply to either of these programs before the scholarship money runs out or if summer ends. It is that easy. 

Please contact financialaid@ambrose.edu or your enrolment advisor to implement.

A renewed program is available to Continuing Student Scholarship recipients who are attending spring courses at Ambrose. Up to half of your award can be allocated toward spring course tuition and the other portion can be allocated toward fall tuition.

Please contact financialaid@ambrose.edu to implement.

Also remember to apply for Financial Aid by June 1.  Application is available online on Financial Aid homepage.

Questions? Contact Roxanne Poelstra

financialaid@ambrose.edu

Dr. Gary McPherson Leadership Scholarship - $2,000

Have shown outstanding leadership, especially in the area of disability, and/or initiative to improve the lives of other people while attending Ambrose

Apply Now 

Continuing Student Scholarships

- $500 and up

One application form for multiple Ambrose endowed and
annual awards for students returning to study at

Ambrose in the fall. Recipients will be notified early May.

Apply online by February 28: Undergrads or Seminary

Financial Assistance - $500 and up

One application form for multiple bursaries. Students will be

matched to a bursary or financial assistance if they

demonstrate financial need.

Apply online by June 1

Questions? Contact Roxanne Poelstra

financialaid@ambrose.edu

The Indigenous Careers Award is designed to encourage Indigenous Albertans (First Nations, Metis and Inuit) to pursue and complete post-secondary studies in certificate, diploma, applied degree and bachelor's degree programs.

Award Value:
$2,000 per semester / maximum of $4,000 in an academic year

Credential Types:

Students must be enrolled in a certificate, diploma, applied or bachelor’s degree program.

All program bands are eligible for the Indigenous Careers Award.

To Receive This Award:

• The Fall 2022 and/or Winter 2023 term (a term is defined as a study period of up to 17 weeks in length),
• At least 60% of a full course load (40% of a full course load if you are a student with a documented permanent disability). 
• Have satisfactory academic standing, as determined by the school.

You must also meet all of these eligibility criteria:

• Be a Status Indian/First Nations, Non-Status Indian/First Nations, Métis or Inuit and be able to provide a copy of proof of Indigenous ancestry
• Be a Canadian citizen, permanent resident of Canada or have protected person status under:
  • Canada’s Immigration and Refugee Protection Act
• Be a resident of Alberta.

Application Deadline: Fall - November 5
                                      Winter - February 5
Indigenous Careers Award Application 

For complete eligibility criteria and to access the application, contact:

Roxanne Poelstra
Financial Aid & Awards Coordinator

financialaid@ambrose.edu
(403) 410-2938

Book an Appointment

Leadership scholarships are open from January 5 to February 5 - apply today!

Laurence Decore Award For Student Leadership Scholarship - $1,000

Be involved in either student government or student societies, clubs or organizations, or involved in student organizations at the provincial or national level or in non-profit community organizations

Apply Now

Dr. Gary McPherson Leadership Scholarship - $2,000

Have shown outstanding leadership, especially in the area of disability, and/or initiative to improve the lives of other people while attending Ambrose

Apply Now

Tips to manage your debt

Higher costs and interest rates mean that you may need to adjust your budget to find the right balance between daily spending and paying down debt.

Managing your finances means finding the right balance. Inflation and higher interest rates signal that you may need to adjust your budget to find the right balance between daily spending and paying down debt. The right balance will depend on your financial situation and goals.

This Financial Literacy Month, learn about good versus bad debt and how to manage your money in a changing world.

How to manage your money when interest rates rise

A rise in interest rates can cost you more to borrow money. Plan to pay down your debt as much as possible, starting with the highest interest rate first so you pay less money towards interest.

Learn how interest rates work and what to do when they increase

Make a plan to pay off your debt

Decide on a strategy for paying off your debt based on the types of debt and the amount of debt you owe. Taking steps to manage your debt can help you take control of your finances and increase your financial resilience.

Get tips on paying down your debt

What to consider before borrowing money

Responsible borrowing can help you build a good credit history. However, using credit to spend beyond your means could put you at risk of no longer being able to manage your debt.

Ask yourself these questions before borrowing money or using credit

Know your rights when borrowing money

The interest rate for your loan is included in your loan agreement. Find out what your financial institution must tell you about interest rates when you borrow.

Learn about your right to information