Managing Your Money

Budgeting for Student Life

Being a student can be stressful even without having to worry about money. Knowing that you have a plan in place to minimize your financial stress can help you focus on your studies. Visit Making a budget to learn more about knowing where your money goes.

Budgeting Tools

Have you set goals for your financial future? Create your budget and stay on the right track by using this Budget Planner.

Whether you are looking to get out of debt or to achieve a set savings goal, check out the Financial Goal Calculator for an easy way to see what the timeline for your financial success can look like.

Build Up Emergency Savings

An emergency fund is money you set aside to pay for unexpected expenses. Learn more about Setting up an emergency fund.

Paying for Your Education

There are a variety of funding options available to help you reach your post-secondary education goals.

Visit Student Grants and Loans to explore the possibilities and to take advantage of financial assistance options that may be available to you.

In addition to Government financial assistance, you may be interested in student lines of credit. To learn more about how they work or to compare student lines of credit with government student loans, visit Student lines of credit.

Registered Education Savings Plans (RESPs)

A Registered Education Savings Plan (RESP) is a savings account for education after high school. Learn about taking money out of your RESP

Working to Pay for Your Education

Visit Working to pay for your education to learn more about work options when you’re in school.

Skills Link Program

The Skills Link program is a component of the Government of Canada's Youth Employment Strategy (YES) which helps youth overcome barriers to employment and develop a broad range of skills and knowledge in order to participate in the current and future labour market.

Learn more about Skills Link

Lifelong Learning Plan

If you have a Registered Retirement Savings Plan (RRSP), you can use the Lifelong Learning Plan (LLP) to finance full-time training or education for you or your spouse/common-law partner.

Learn more about the LLP

Financial Assistance For Reservists

If you are a reservist in the Canadian Forces and a full-time post-secondary student, you will not be charged interest or have to start paying back your student loan while you are serving in designated operations, even if they last more than six months.

Learn more about financial assistance for reservists

Financial Assistance For Protected Persons

Protected persons (people who fear persecution in their country of origin) can access the same loans and grants as a Canadian citizen or permanent resident to attend a designated educational institution in Canada.

Learn more about financial assistance for protected persons

Understanding Your Loan

Managing your loan, improving your credit score and knowing how to protect yourself if interest rates rise are critical topics when it comes to understanding debt. Learn more by visiting Debt and borrowing.

Paying Back Your Student Loan

A student loan will likely be the first time you have borrowed money. Get prepared for repayment with some quick tips on Paying back student debt.

Credit and Loans: Rights and Responsibilities

It’s important to become familiar with your rights and responsibilities when it comes to borrowing money. Learn more by visiting Credit and loans: rights and responsibilities.

Credit Cards

Learn more about how credit cards work and find the credit card that best suits your needs.

Money Tips and Tools

We’re here to help you become savvy about your finances. Visit Your Financial Toolkit and explore different learning modules to help you make better financial decisions.

Financial Basics

Let’s get back to basics. Financial Consumer Agency of Canada (FCAC) developed a financial workshop to help young adults learn about budgeting, saving, credit, investing, fraud prevention and financial planning. For more information, visit Financial Basics.

Information And Services For Young Canadians

Get education, skills and job support! Find more about trending opportunities to learn, train and find a job on the Young Canadians website.