The BC Student Loan


British Columbia is home to many world-class universities. But unfortunately for British Columbia residents, it can be relatively expensive to go to school in BC. This is due to many factors. Today were going to take a look at some of the expenses a potential student can expect, and what you should do to obtain a BC student loan.It is important to note that the overall cost of living is considerably higher in British Columbia. This is due to several factors, including the economy and its relative remoteness. But how does this affect students? Well the overall cost to rent is going to be higher. This may not be a concern for people living at home, but will be a major part of the budget for students coming from out of town..Vancouver is the largest city in British Columbia and is also one of the most expensive to live in. Vancouver is home to several universities including the University of British Columbia and Simon Fraser University. The vast majority of students in the province will attend these institutions.The province of BC is slightly behind on its student loan program. Student aid BC is a program established to provide funding for the provinces domestic students. Unfortunately the program is not as developed as it should be. Nevertheless, it is evolving as education becomes more dominant in British Columbia. A student loan can help students pay for their tuition and living expenses for the duration of their studies. Through this program, students can receive their money interest free while they are in school. When they are out of school they must start repaying the debt at a nominal interest.There are many great opportunities for students in BC. It is important to do your research and examine what sort of funding opportunities are available. If you are domestic students, seek out a BC student loan to help pay for your schooling.