Financial aid consists of government student loans, grants, bursaries and scholarships. Student lines of credit are also available through major banks.
Student loans, grants and bursaries are based on financial need and scholarships are based on merit. The NAIT Financial Aid Office handles all needs-based funding. Student Awards handles scholarships.
Student loans, grants and bursaries
Student loans are available for full- and part-time study. To be considered for full-time funding, students must be enrolled in at least 60% of a full course load. Students will be automatically assessed for most government grants and bursaries when they apply for student loans.
Assistance is awarded based on financial need, and is intended to supplement, not replace, student and family resources.
- Information on full-time loans
- Information on part-time loans
- List of government grants and bursaries (Government of Alberta)
Don’t wait to be accepted into a program to apply for funding. It is important to apply early so that funds are ready before the tuition deadline.
Alberta students whose funding applications are approved (confirmed) before the tuition deadline will have their tuition fees paid automatically through their loans. Students will receive instructions on how to cash the remainder of their loans near the end of August.
Students with unconfirmed loan certificates will have to bring the certificate to NAIT to pay their tuition.
- Cashing your loan (Students Finance, Government of Alberta)
Out-of province students using student loans to pay tuition and fees must provide proof of funding approval to the Financial Aid office before the tuition deadline.
Students who are still waiting for funding approval at the tuition deadline must still pay their tuition fees on time or they will not be able to register for classes.
Skills Investment Program (SIP) grants
The provincial government offers full- and part-time Skill Investment Program grants under Alberta Works. The program provides employment and training services for adult residents of Alberta who are
- financially disadvantaged, and
- in need of training to gain and maintain sustainable employment.
This type of grant funding is available for
- English as Second Language
- designated one-year certificate and two-year diploma programs
SIP funding is also available for apprentices while they are in school.
More information on SIP grants is available under the Full-time SIP Grants and Part-time SIP Grants sections of the Financial Aid website.
Student lines of credit
Students who do not qualify for other forms of funding, or who need more funding than what is provided through loans and grants, can apply for a student line of credit through major banks.
Information on other potential sources of funding is available under the Other Funding Options section of the Financial Aid website.