A zero per cent interest rate on the Provincial Student Loan program will be implemented October 1, 2012. The program will apply to loans issued after January 1, 2001 and held by Prince Edward Island Student Financial Assistance Corporation. Currently there are approximately 2600 Provincial student loans in repayment status. The total cost of this measure is approximately 0000 a year. The savings on the average student loan in the first year of repayment will be approximately 00. The announcement is a part of the Government of Prince Edward Island's ongoing commitment to all levels of education, including other post-secondary investments such as the George Coles Bursary and Graduate Scholarship, and new infrastructure for Holland College and University of Prince Edward Island. Learn more about key initiatives in post-secondary education at www.gov.pe.ca For further information on eligibility qualifications for student loans, as well as other government grant and bursary programs, please visit www.studentloan.pe.ca or call (902) 368-4640.
A growing trend among engineering bursaries that are awarded to students is that most of them are offered by private organizations and institutions. Indeed, these companies have taken it upon themselves to create more focus in their student aid program and garnered those set of skills and personnel to benefit them later on. To cut it short, companies are using this as an investment to improve the quality of work performance.
Therefore, it is only quite understandable that these companies would set their own eligibility standards such that they get to determine who is awarded with available bursaries. The slots are limited as compared to the students vying for it.
Here are three of the most basic eligibility factors utilized by most providers for engineering bursaries when evaluating student applications:
Chosen Degree
There are a lot of bursaries being offered today, but the main qualification to secure your preferred is basically for you to choose a degree related to the study of engineering. This will increase your chances of being chosen and get the student financial aid you want. Since corporations are offering such financial aid intend to hire you as an employee soon after completion of your degree, then this is of utmost importance to them.
Financial Need
Aside from interest in entering the field of engineering, private institutions that fund engineering bursaries are also leaning more towards providing assistance to those financially need. Hence, you need to secure financial information and proof of your family's incapacity to pay for your engineering school.
Academic Merit
This factor will give you an edge during application for engineering bursaries.
Companies offering a bursary program will want your skill and knowledge, then enhance that via the bursary scheme in order to benefit the corporation once you have been absorbed as an employee. Related Eligibility For Engineering Bursaries Topics
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