- It is advisable that the student who is obtaining a loan should know the meaning of a loan and also know that it is not a grant. Loans are repaid, and grants are not. So the loan granted to study must be repaid
- Avoid an extravagant lifestyle. Stay in an apartment where you can pair up as four in a two-bedroom apartment, which is two per room. It makes accommodation easy and cheap, especially for unmarried students. Accommodation is between $1,300 $2,600, depending on location and Province. Sharing this into four will make the burden lighter.
- Feeding is another major area; it is interesting to note that feeding is not challenging in Canada. Food is very affordable. With $150, you can comfortably feed yourself for one month.
- Another important area is transportation. It is designed to be cheap and affordable in all Provinces. However, it is advised that student should choose a location very close to their school. $100 is sufficient for transportation monthly. You will probably spend much less than this if you are strategic and cost-effective.
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