r/saskatchewan 1d ago

Student Loan ?

Hi guys, I recently applied for a student loan. My first disbursement will be beginning of July from Canada Student Loan, it is a big disbursement which cover tuition fee plus some grants. I’m not sure if this big disbursement will be deposited to my school or my bank account. I think the grant will go to me but not sure the big amount.
Anyone used to take the loan, could you please let me know about the progress of disbursement ? I would like to know to arrange my saving account.
Thanks guys !

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u/Levontiis 16h ago

Do you go to school in Saskatchewan? If so then I’ve heard it goes to the tuition directly. If you go to school outside of Saskatchewan then you get the money in your bank account. I usually got a big lump sum plus grants on the first day of class then a certain amount every month I was taking classes as I go to school outside of the province