As of July 2015, Vanier College in Montreal has a student loan program. Students may receive financial aid from the college in the form of loans, bursaries and scholarships. The Canadian government calculates the amount of financial aid students can receive based on their financial situation.
As of 2015, the first $1,980 a student receives from Vanier College is in the form of a loan. Students begin to repay the loan 6 months after they finish their studies at the school. Additional financial aid is in the form of a bursary, which does not have to be paid back. Students can also apply for various scholarships at Vanier College.