Financial Resources

Student Loans - Both the Provincial/Territorial Government and the Government of Canada work together to provide student financial assistance. Loans, grants, and bursaries are available to help you access and pay for post-secondary education. With one application, you will be considered for student financial assistance from both the Provincial/Territorial Government and the Government of Canada. 

Students will be assessed for two kinds of funding: student loan funds that must be repaid and grants and bursaries that do not need to be repaid.

• Applying for Student Loans
• Government of Canada - National Student Loans Service Centre (NSLSC)
• Provincial/Territorial - Canada Student Grants and Loans
• Orientation to Government student loans and grants (video) 

Training and Skills Development - The Training and Skills Development (TSD) program has been introduced to ensure that case-managed individuals, whose employment action plan identifies skill development as being necessary, have access to funding to assist them in achieving their goals and allow them to quickly return to work. You can find more information here.

Working NB - To help employers recruit and retain individuals in certain occupations, WorkingNB offers flexibility in funding for occupational training through the Labour Force Training Program as a temporary measure. To find out more about this program please contact your local WorkingNB office. 

Indigenous Services Canada – Provides financial assistance to First Nations students who are enrolled in an eligible post-secondary program. To find out more information click here.

Students who are having their tuition and fees paid by an agency, employer, or First Nation must provide completed sponsorship letters before the start of their program or course.

Completed sponsorship letters are to be forwarded to studentrecords@nbcc.ca.

A sponsorship letter must include:

• Student’s name and ID
• Details of what is covered (e.g., tuition, books, Student Representative Council Fee, health & dental, etc.)
• Contact information (who the invoice should be sent to, including contact name and email address)
• A reference number, if required by the sponsor (not mandatory)

If there is no sponsorship letter, please fill in the NBCC Sponsored Student Financial Information form (pdf) and send it to studentrecords@nbcc.ca.

A college education is a smart investment in your future, but your studies, not your finances, should be your first priority.

There are various financial support options available that can help you pay for college. Below are some of the financial aid options that you can apply for.

• NBCC Scholarships, Bursaries and Awards
• Scholarships Canada
• Indigenous Bursaries Search Tool
• Other Scholarship Opportunities

NBCC understands that being a student and managing expenses can be challenging and overwhelming. We have a great collection of resources to help students access financial resources, create and manage a budget, find part-time work, and tips to help you stretch your money further.

Budgeting and saving money as a student can be tough sometimes. We have some great tools below to help you manage your money and be creative with budgeting.

• Managing your money
• Budgeting for Student Life
• NBCC’s Money Matters Banking and Budgeting video
• e-Learning videos – Financial Basics
• Finding part-time work
• Food Banks – Find a list of local food banks for emergency needs

Some money savings tips and tricks that can help you out along the way!

• KOFE Financial Wellness – Your NBCC Student Union has partnered with mywellnessplan to offer financial coaching and educational instruction. KOFE provides you with Knowledge of Financial Education through various online and in-person supports that you need to take control of your finances and feel more empowered. Use your student email and log in today!
• Student Discounts - As a student, you have access to tons of amazing discounts! To start saving, make sure you have your Student ID card. Then, head over to the NBCC Student Union Webpage to explore the full list of exclusive student deals.
• Create a budget - Using a student budget worksheet will help you to see what your needs are where you can be flexible to have a few extras.
• Track your spending - Using a budget app like Mint, Wally, or Goodbudget. It is easier to make changes when you know where you're spending your money.
• Consider a roommate. Connect with potential roommates through Places4Students, local campus social media or through your local Student Union. Apps like PayPal can help you schedule, divide costs and ask for money without the awkwardness.
• Cooking (healthy) on a budget. Various sites such as Eat Better, Spend Less offer ways to make healthy meals economically.
• Cook in bulk. Prepare big meals and divide them into containers. Bring the leftovers with you to school and heat them up. There are microwaves available at every campus.
• Cut out expensive cable packages. Opt for one streaming service instead! Try Netflix or Disney +.
• Rewards program. Check where you can redeem earned points/rewards to make purchases from your favorite store.
• Needs VS Wants. While it seems like a simple distinction, you would be surprised at our ability to rationalize certain spending decisions. Saving money by buying only what you need gives you more flexibility in your budget to save for something you really want.

Feel free to reach out to moneymatters@nbcc.ca if you have questions on affording college life.

NBCC has partnered with PayMyTuition to provide students and their families with an interest-free Payment Plan option. This plan allows tuition fees to be paid in up to three automatic monthly installments per term, helping to make payments more manageable.

Key details:

• The Payment Plan is not a loan.
• A non-refundable $50 fee applies each term that a plan is arranged.
• Payment Plans are available to students who are in good financial standing (i.e., no history of defaulting on a past plan or missing payment deadlines).

This option is designed to offer greater flexibility while ensuring tuition fees are paid on time.

How to enroll in an NBCC Payment Plan (pdf)