Official Guidelines Updated: March 2026
Key Facts for 2025–2026:
The PEI Provincial Grant is a non-repayable grant for eligible Island students enrolled in programs of at least 60 weeks. It provides up to $525 per month (equivalent to $4,200 for an 8-month academic year) based on income and family size. No separate application is required — it is assessed automatically when you apply for a PEI Student Loan.
The PEI Provincial Grant is a non-repayable form of student financial assistance provided to eligible Island students as part of the broader PEI Student Loan application. Unlike a loan, the Provincial Grant does not need to be repaid. It is designed to reduce the total amount students need to borrow by supplementing their loan with grant funding based on financial need, family size, and income.
Eligibility Criteria
To be eligible for the PEI Provincial Grant, you must:
- Meet all general PEI Student Loan eligibility requirements — be a Canadian citizen, permanent resident, or protected person; be a PEI resident; and be a full-time student at a designated post-secondary institution.
- Be enrolled in a program of at least 60 weeks in duration. The Provincial Grant is not available for shorter programs.
- Demonstrate financial need assessed through the student loan application process.
How Much Can You Get?
Eligible students may receive up to $525 per month, equivalent to $4,200 for a standard 8-month academic year. The exact amount depends on your income, family size, and the length and location of your program. Students with lower incomes and larger families generally receive higher grant amounts.
Pro Tip:
The PEI Provincial Grant is assessed automatically when you complete the PEI Student Loan application — there is nothing extra to fill out. Make sure your income and family information is accurate and up to date on your application to ensure you receive the maximum grant you are entitled to.
How to Apply
There is no separate grant application. Complete the PEI Student Loan application online at studentloan.pe.ca and your eligibility for the Provincial Grant (along with federal Canada Student Grants and other provincial bursaries) will be assessed as part of the same process. Processing takes 4–6 weeks, so apply early — by July 19 if you want funding in place for September.
Other Financial Aid Options
The PEI Provincial Grant works alongside the PEI Student Loan and federal Canada Student Grants. Students attending UPEI, Holland College, or Collège de l’Île are also automatically assessed for the George Coles Bursary. Low- and middle-income students may additionally qualify for the Island Advantage Bursary. After graduation, students with PEI provincial loan balances can apply for the Debt Reduction Grant.
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